Cities Can Sue Big Banks Over Effects Of Discriminatory Practices, Supreme Court Says

People walk in front of a Wells Fargo branch on Sept. 9, 2016 in Miami, Fla. On Monday, the U.S. Supreme Court ruled that the city of Miami can sue Wells Fargo and Bank of America under the Fair Housing Act for damages caused by allegedly predatory and discriminatory lending practices.

The city of Miami can sue Wells Fargo and Bank of America for damages caused by allegedly discriminatory and predatory lending practices, the Supreme Court says.

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