WATCH ALL YOUR FAVORITE BET SHOWS

Wendy Williams Placed Under Financial Guardianship, Claims Wells Fargo Misconduct

A New York judge granted the talk show host access to funds with the supervision of her court-appointed guardian.

After Daytime Emmy-nominated talk show host, Wendy Williams, claimed misconduct by her Wells Fargo financial advisor after being placed under financial guardianship, a New York judge ruled that she would be able to access her funds under supervision.

According to Atlanta Black Star, on Thursday (May 19) the judge stated that the financial guardian will reportedly assist Williams in managing her accounts.

In case you missed it, Williams decided that she wanted to switch banks and was required to provide her most recent bank statements, Wells Fargo refused to follow through on the request and claimed Williams as an “incapacitated person” in a petition for guardianship, The Hollywood Reporter notes.

The bank is cited that the 57-year-old is the “victim of undue influence and financial exploitation.”

Williams’ attorney, La’Shawn Thomas, shared with THR that a New York judge appointed a guardian over her client's finances until July 2021.

“Please be advised that Wendy is not in agreement with the appointment of a financial guardian by the court,” Williams’ attorney LaShawn Thomas said on Friday (May 20), Atlanta Black Star writes. “Wendy has been very clear that she does not want a financial guardian to tell her what she can and cannot do with her money.”

A temporary guardian was first issued back in March when the judge and Wells Fargo agreed that it was necessary to have one during the pending case.

RELATED: Wendy Williams Appears To Be ‘Ready For Court’ As She Battles Wells Fargo To Access Her Accounts

RELATED: Wendy Williams Will Not Return To TV This Fall

“Wendy doesn’t agree with a financial guardian being appointed,” Thomas told THR. “If it’s the court’s intention to have one appointed over her affairs for the long haul, she definitely isn’t going to accept that.”

An affidavit issued to the New York Supreme Court, states that Williams believes that Wells Fargo inadequately denied her access to her funds, which ultimately led her to default or put her at risk of default on multiple bills. A Wells Fargo financial advisor was also accused of making false accusations that Williams was mentally unstable as the basis to keep her locked out of her accounts.

“As a result of her improper conduct in relation to my accounts, Wells Fargo continues to deny me access to my financial assets and statements,” the affidavit reads.

In other Wendy Williams news, the production company, Debmar-Mercury, which is behind her daytime talk show The Wendy Williams Show, says that “How You Doin?!” show will not return in fall 2022 and will instead be replaced by The View alum Sherri Shepherd’s new show.

“Where’s she gonna go? It’s done. Logistically, it won’t work. Sherri has her time slots,” according to Page Six.

Latest News

Subscribe for BET Updates

Provide your email address to receive our newsletter.

Select the types of notification you would like to receive from us. Please note, you must choose at least one.


By clicking subscribe, I consent to receiving newsletters and other marketing emails. Newsletters are subject to our Privacy Policy and Terms of Use. Users can unsubscribe at any time.