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Occidental Petroleum Corporation v. Wells Fargo Bank, N.A.
Case Number:
4:21-cv-01126
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September 01, 2023
Occidental Scores $1.5M Atty Fees In Wells Fargo Dispute
A Texas federal judge has awarded counsel for Occidental Petroleum nearly $1.5 million in fees in its lawsuit against Wells Fargo over what the oil giant called a failure to execute a series of securities sales on its behalf in early 2020, overruling the bank's objections to the company's fee calculation.
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May 31, 2023
Wells Fargo To Pay Oxy $38M In Botched Contract Suit
A Texas federal court on Wednesday ordered Wells Fargo Bank NA to pay $38 million in damages — almost $20 million more than the estimate the bank submitted — to Occidental Petroleum after failing to execute a series of securities sales on its behalf in January 2020.
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August 19, 2022
Wells Fargo Botched Contract With Oil Giant, Judge Says
A Texas federal judge has ruled that Wells Fargo breached its contract with Occidental Petroleum Corp. by not selling the company's shares on certain agreed-upon dates before the stock market plummeted in the wake of the COVID-19 pandemic, axing the bank's counterclaim for negligence.