Karl Heideck Explains The Wells Fargo Lawsuit In Philly

The world of banking and finance is highly complex, which is why some of the more complicated issues being addressed today require legal expertise in order to be understood. Karl Heideck is an experienced lawyer who has lent his communication skills to some of the more complicated banking suits of our time, including the suit brought by the city of Philadelphia against Wells Fargo Bank.

Explaining the Philadelphia Law Suit

In a recent edition of phillypurge.com, Heideck laid out the many issues involved in the suit against Wells Fargo in terms a lay person can understand. The suit involves the problem of the many risky loans that were given to low income, minority bank customers in urban Philadelphia neighborhoods. These customers really didn’t qualify for the loans they were given, and now there is a high level of default on the loans. All of this is having an impact on the further decline of some of the city’s low income neighborhoods.

A History of Service and Legal Expertise

Karl Heideck is an attorney who works on contracts and brings his clients a high level of legal expertise. He is actively working with Hire Counsel, and has been there since spring of 2015. Prior to that, he practiced law for over ten years in the greater Philadelphia area. He had also worked as an associate for the firm of Conrad O’Brien, and has also been a project attorney for Pepper Hamilton LLP.

Karl Heideck has a Juris Doctor degree from Temple University, the James E. Beasley School of Law. He graduated from there in 2009.

In his current position, Mr. Heideck is able to offer numerous legal services, including compliance consulting as well as advising clients on risk management.

In his busy career, Mr. Karl Heideck puts his client’s needs first, and always gives them the top quality advice he is able to offer.