Second Circuit Reverses Dismissal of Wells Fargo Financial Crisis Bailout False Claims Act Case

A qui tam False Claims Act case seeking to potentially recover billions in public funds fraudulently provided to Wells Fargo and its subsidiaries during the height of the 2008 financial crisis was once again revived last week by the Second Circuit.  The ruling is a massive win for the FCA qui tam relators as the Second Circuit reversed the dismissal of the complaint despite arguments from the United States Government itself that the allegations in the complaint should not constitute FCA violations.