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Wells Fargo considers appeals after judge adds $17.8 million to $77 million judgment over family trusts

120px-Wells_Fargo_Bank.svgCLAYTON, Mo. (AP) — A judge has ordered Wells Fargo to pay another $17.8 million to a suburban St. Louis woman who claimed the family trusts were mismanaged.  The ruling Wednesday by St. Louis County Circuit Judge Carolyn Whittington is in addition to $77 million in damages awarded in May to Barbara Burton Morriss of Olivette.

A Wells Fargo spokesman says the company disagrees with the verdict and is considering appeal options.

The St. Louis Post-Dispatch report that it wasn’t a complete win for Morriss. The judge also ordered her to pay $5.9 million, ruling that she was partly at fault for losses.

Morriss filed suit in 2012. It alleged that San Francisco-based Wells Fargo failed to fully disclose financial transactions in two family trusts that were drained of millions of dollars.

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