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PETERSON v. WELLS FARGO BANK

No. C-80-2764 WHO.

556 F.Supp. 1100 (1981)

Patricia F. PETERSON, on behalf of herself and for the public, Plaintiff, v. WELLS FARGO BANK, National Association, a national banking association, Defendant.

United States District Court, N.D. California.

October 19, 1981.

Attorney(s) appearing for the Case

Lynn S. Carman, San Rafael, Cal., McGuinn & Moore, San Francisco, Cal., for plaintiff.

David J. Brown, Kent M. Roger, Brobeck, Phleger & Harrison, San Francisco, Cal., for defendant.

OPINION

ORRICK, District Judge.

In this action for mandamus and injunctive relief, plaintiff, a credit cardholder of defendant, Wells Fargo Bank (the "Bank"), a national banking association organized under and pursuant to the National Bank Act, 12 U.S.C. § 21 et seq., challenges the Bank's power to increase the annual finance charge on the outstanding balances of its customers who hold Master Charge or VISA credit cards and charges it with "unfair...

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