By: April Carson
Wendy Williams is facing yet another issue. Williams has already been battling health issues while on hiatus from her self-titled television talk show, and she now finds herself involved in a legal dispute with her bank.
Williams has filed a Motion to Intervene in a New Jersey federal court with the mission of unfreezing assets tied up in several bank accounts. An attorney for Williams has apparently filed papers asking a court to unfreeze his bank accounts, according to reports.
The ailing talk show host has applied for an emergency injunction, according to The Sun, instructing her bank, Wells Fargo, to unfreeze several accounts. The publication states that she has been particularly impacted by the legal issue as those accounts contain funds for her children's trust funds.
According to court records, Williams' attorney has stated that Wells Fargo is in "possession of several million dollars' worth of funds" that belong to her and she has been denied access to her money for more than two weeks. According to the attorney, Williams's former financial adviser informed the bank that she was mentally ill, thus forcing Wells Fargo to reject her access to her banking accounts and statements.
Wells Fargo, on the other hand, claims it is within its rights to keep Wendy's accounts frozen. The bank says it is bound by several customer contracts allowing it to "pause or reject instructions for a proposed transaction," pending judicial or administrative actions if it suspects financial exploitation, dementia, or undue influence,' according to the complaint.
The attorneys think Wells Fargo is going beyond its rights, in part because there has been no transaction put forth by Williams that gives the bank such authority to stop or reject access to her accounts. Her attorney wants the court to require Wells Fargo to allow her "access to her financial accounts, assets, and statements."
The plaintiffs, according to the complaint, claim that Williams is facing “irreparable and immediate financial harm,” and Wells Fargo has breached its fiduciary duty. They are also demanding access to Williams and “her agents, members, officers, employees, representatives and anyone else acting on Respondent's behalf" within 48 hours.
A spokeswoman for Williams told Page Six, “Wendy Williams’s business accounts were frozen last Friday. We do not know the reasons why. Right now, Wendy is focused on her kids and family and will discuss this matter in depth when she feels ready to address it."
Due to a variety of health issues, she has been unable to appear on her well-known show for months. She had previously conquered COVID-19 and gone to the hospital for a psychological evaluation in addition to dealing with Graves disease. It's good news that she's getting better!
“This is just another step in my treatment,” Williams told us. “I am excited for this chapter of my life, and I’m coming back...in the words of Diddy …more powerful than ever. I will be stronger, wiser, healthier and more fearless than ever before.”
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About the Blogger:
April Carson is the daughter of Billy Carson. She received her bachelor's degree in Social Sciences from Jacksonville University, where she was also on the Women's Basketball team. She now has a successful clothing company that specializes in organic baby clothes and other items. Take a look at their most popular fall fashions on bossbabymav.com
To read more of April's blogs, check out her website! She publishes new blogs on a daily basis, including the most helpful mommy advice and baby care tips! Follow on IG @bossbabymav
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