Wells Fargo & Co. has been sued by a senior-citizen customer who does not want to lose his free checking account.

The class action, filed last week in San Diego Superior Court, accused the San Francisco-based banking company of breaking a promise to honor free-checking terms that customers had with institutions acquired by Wells.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.