Wells Fargo has responded to Wendy Williams demands to unfreeze millions of dollars in her account, deemed her as an “incapacitated person” who needs guardianship to intervene in her affairs according to Page Six. Wells Fargo wrote a letter to New York Supreme Court Judge Arlene Bluth, petitioning for a guardianship hearing “concerning the client’s capacity.” The letter was written by lawyer David H. Pikus on behalf of the bank.
“We are concerned about [Williams’] situation. It is our hope that the Guardianship Part [of the court] will imminently appoint a temporary guardian or evaluator to review the situation and ensure that [Williams’] affairs are being properly handled,” Pikus stated.
Last week Williams’ attorney, Celeste N. McCaw, filed an emergency order alleging Wells Fargo denied the TV host access to her “accounts, assets, and statements” for more than two weeks. At the time, her former financial adviser Lori Schiller, whom she has fired due to alleged wrongdoing involving her accounts and improper professional conduct, alleged Williams was “of unsound mind.”
Wells Fargo’s concerns go beyond Williams’ health issues. Pikus sent an another letter to the judge alleging that the bank “has strong reason to believe” that the 57-year-old is a “victim of undue influence and financial exploitation,” The Sun reported. The bank requested to keep the case “under seal” to “preserve the confidential interests of the alleged incapacitated person.”
McCaw later responded that her client denies Pikus’ allegations and requested a temporary restraining order against Wells Fargo to prevent the bank “from freezing [Williams’] accounts and interfering with her right to access her financial assets and statements.”
A spokesperson for Wells Fargo released a statement to the news outlet: “We deny any allegations of improper actions with respect to Ms. Williams’ accounts and are fully participating in a court process to reach a resolution that is in her best interest. The financial well-being of our clients is at the heart of…