In the suit, Wendy claims she is being blocked from touching money in her account due to her ex-financial advisor Lori Schiller.
Wendy says she started working with Lori in 2018. For more than two weeks, Wells Fargo has “denied [Wendy] any access, whether online or otherwise, to her financial accounts, assets, and statements based on the advisement” by Schiller that [Wendy] was of unsound mind.
The entertainer says she terminated Lori as her advisor due to “malfeasance in relation to [Wendy’s] accounts and” her improper conduct in relation to their professional relationship.”
She says despite firing Lori, Wells Fargo continues to rely on her to make decisions for Wendy’s accounts.
The suit says Wells Fargo told Wendy they also had to right to “pause of reject” any transaction should they suspect “financial exploitation, dementia or undue influence.”
“[Wells Fargo] is going beyond the scope of the authority granted by the provision because [Wendy] is completely denying Petitioner the ability to access or even view, whether online or otherwise, her financial assets and statements, which [Wells Fargo] has requested for the purpose of ascertaining the current standing of her accounts and which is not a “transaction” as contemplated under the Agreements,” the suit reads.
Wendy says she has suffered financial damages due to her not being able to pay her bills on time.
The talk show host is pleading with the court to order Wells Fargo to give her access immediately.
According to court records obtained by Radar, the court has yet to set a hearing for Wendy's emergency petition. The New York court system is extremely backed up to the pandemic and it's unclear how quickly the case will be heard.
The legal battle is the latest development in the Wendy saga over the past six months. She has been MIA from her show since September and there are no plans for her to return.