Karl Heideck Enlightens on Philadelphia’s Lawsuit against Wells Fargo

Karl Heideck gives his thoughts on Wells Fargo lawsuit
Karl Heideck gives his thoughts on Wells Fargo lawsuit

A lawsuit has been filed against Wells Fargo Company in Philadelphia city. The bank is alleged of Fair Housing Act 1968 violation by use of predatory lending that affects mortgage borrowers. The company has denied the allegations claiming that the initiative is fair. The bank has a string of problems. Interesting to note, it’s not yet cleared from last year’s scandal.The bank is accused by the city of steering Hispanic and black borrowers into high-risk loans whose rates are high although they had qualified for low risk and low-interest mortgages. Also, it was accused of making refinancing of the mortgages difficult for the borrowers which forced them to foreclose, unlike fellow white borrowers. Investigations proved that it was twice as likely for black borrowers to get high loan interests, unlike white borrowers. Hispanics could receive risky mortgage loans by 1.7 likelihood. The bank has rendered discriminatory lending for ten years. The city wants the bank to cater for the damages it has caused through its vice.

  1. S Census 2010 shows that with a total of 1.57 million people in Philadelphia, 43 percent are black and 12 percent are Hispanic. The bank’s vice affected the city as crime and vandalism increased and the property lost value in the affected regions. The bank had created a fake customer’s account for bankers to meet its sales goal and it’s suing had been ruled for another scandal.Redlining is a vice by banks that they don’t wish to give loans to certain neighbourhoods. Redlining as a result of racial or ethnic discrimination is illegal but legal for those who don’t meet required standards. The bank claimed that the allegations are unsubstantiated stating that in its 140 years history of service, it has practiced fair lending.

About Karl Heideck

Karl Heideck is a graduate of Temple University Beasley School of Law with Doctor Honors. He graduated from Swarthmore College with Bachelor of Arts and Literature. Karl Heideck focuses on compliance, risk management, and civil litigation in his legal practices.Karl Heideck is currently an Attorney at Grant and Eisenhower PA law firm. His focus is on fraud cases securities and complex banking litigation.

Source of the article: https://www.avvo.com/attorneys/19046-pa-karl-heideck-1937201.html

Kate Hudson’s Fabletics Tired of Chasing Amazon

Amazon has been without question the number one online retailer in the women’s apparel niche. When you own 20 percent of the sales in a competitive market, you are doing pretty good for yourself. While most of the competition is resigned to playing a secondary role, Kate Hudson’s Fabletics has been making some serious strides to take over that top position from Amazon. Looking at the Fabletics sales numbers for the last three years, $250 million in sales of active-wear is impressive regardless the niche.


Hudson says that her unique athleisure brand is high-quality and a fresh new look that has women really excited about her brand. There has to be more to the selling process to pull in $250 million in sales, and Hudson says the credit lies in her membership program and a sales process known as reverse showrooming. Looking closely at how the sales process works at Fabletics, we have to begin this journey at the retail stores at the local mall. That is where you will find women of all ages trying on the workout apparel, looking through racks of new active-wear, applying for a free membership, or taking the store’s Lifestyle Quiz.


There is no pressure to buy at the retail stores, that is because Hudson knows that the power in her apparel brand lies in the e-commerce setting. When these same women eventually go to the Fabletics website, one thing that is completely unique for these shoppers is everything that they tried on at the store in the mall is now available in their online shopping cart. That takes a bit of the guesswork out of shopping online, so these women can focus on looking for clothing and loading up the shopping cart. When the size of the items is no longer a concern, women go from buying one piece to see how it looks when it arrives to a half-dozen based on just pricing.


Kate Hudson’s Fabletics is all about giving women a new type of shopping experience, and as members to the site these women are getting low pricing, free shipping, and even their own shopping assistant. When you are buying at Amazon, you need to wait until that one piece arrives to try on, they you return it until you finally find the one that fits. With Fabletics, you know how it fits and can focus on the buying experience instead.

How Larkin & Lacey Frontera Fund is supporting Immigrant Rights

The Lacey and Larkin Frontera Fund was established to support various migrant rights organizations that are based in Arizona. It was founded by two renowned journalists, Jim Larkin and Michael Lacey. Lacey and Larkin are also the co-founders of Village Voice Media and Phoenix New Times.

They spent $3.75 million settlement that made them be incarcerated on October 18, 2007. The Maricopa County Sheriff Joe Arpaio arrested them from the homes at midnight after exposing the actuality of grand jury proceedings that pursued journalists noted on various articles that covered the Sheriff.

What was more astonishing was that the grand jury had given subpoenas that demanded the revealing of the identities of people who read any stories that involved Arpaio on the online platform of New Times. Lacey and Jim Larkin have spent many years of their profession defending and upholding their First Amendment rights.

The two sued the county, and they have eventually succeeded for the ninth round in the United States Court of Appeals. The Colibrí Center for Human Rights was among the first foundations to receive financial support from the Lacey and Larkin Frontera Fund.

Michael and Jim are excited about every partnership that they make. The Lacey and Larkin Frontera Fund has devoted itself to facilitating the activities of various human, civil, and migrant rights organizations.

American Civil Liberties Union of Arizona’s branch is an organization that was founded in 1959 and has been fighting against unconstitutional Arizona legislations that target minority. The foundation won a court case in 1960 to change the state law that prohibited multi-racial marriages.

Another accomplishment of the organization is heading the defense of laborer Ernesto Miranda, who was apprehended for rape based on his confession to the police. The case led to the formation of the Miranda Warning that the police are obligated to read before they start interrogating an individual.

The ACLU began a historical federal class action lawsuit that was known as Melendres v. Arpaio. A judge decided that Sheriff Joe Arpaio and his other deputies participated in racial profiling of Latinos in various traffic stops. Arpaio was prevented from executing immigration and unconstitutional policing.

The ACLU is also appreciated for defending the freedom of speech of day laborers. It also won a case that led to the abolishment of a law that denied bail to immigrants. The organization also challenged the “Papers Please” SB 1070 legislation that allowed the Arizona authorities to enforce immigration.

The ACLU is currently working to stop the executive order that was given by Arizona Gov. Jan Brewer to ban the issue of driving licenses to young immigrants who had federal permission to live in the U.S through the Deferred Action for Childhood Arrivals program. It is also struggling to abolish a law that makes working with fake documents a deportable felony.

Arizona and San Diego units of the ACLU worked together to establish a Tucson office that was devoted to dealing with a Border Litigation Project. The program is dedicated to stopping harassment on the borders.

Learn more about Jim Larkin and Michael Lacey: http://www.laceyandlarkinfronterafund.org/about-lacey-larkin-frontera-fund/relevant-links/