KEY POINTS

  • Wendy Williams filed for a temporary restraining order against Wells Fargo after the bank denied her access to her financial assets
  • She claimed Wells Fargo did not provide her with "adequate explanation or evidence to support its decision"
  • The bank claimed in its own filing that Williams is the victim of "undue influence and financial exploitation"

Wendy Williams insists that "she is fine" and "she is of sound mind" amid her ongoing legal battle with her bank Wells Fargo over access to her money.

The "Wendy Williams Show" host has filed for a temporary restraining order against Wells Fargo after the bank allegedly denied her access to her financial assets "for weeks" without providing her or her lawyer with "adequate explanation or evidence to support its decision," according to the legal letter obtained by Entertainment Tonight.

Williams filed the legal letter after Wells Fargo, in its own legal filing, claimed that it believes the TV personality is the victim of "undue influence and financial exploitation."

In a statement to ET, Williams' lawyer, LaShawn Thomas, said Friday that the 57-year-old host "strenuously denies all allegations about her mental health and well-being."

Addressing Williams' legal battle with the bank, the lawyer claimed that the television host had to bring the action against Wells Fargo because it "refused to honor her Power of Attorney, granting her son authority to make inquiries to the bank on Wendy's behalf."

"Wendy further believes that all of the false narratives currently making the rounds derive from this source and she is saddened that she once considered this person a friend," her lawyer continued.

In her court filing, Williams asked a judge to order Wells Fargo to "reopen any frozen accounts or assets" and grant her "access to any and all accompanying statements."

She also wanted the bank to be barred "from freezing any and all assets which contain funds that were removed and/or withheld" from Williams' own personal and business accounts.

Williams said she and her family will face financial hardship if she continues to be denied access to her bank accounts as she would be unable to make payments on outstanding debts and other financial obligations.

In its filing, the bank claimed it denied access to Williams' financial assets because the host's financial advisor "recently witnessed telltale signs of exploitation, including [Williams'] own expressed apprehensions, but also upon other independent third-parties who know [Williams] well and share these concerns."

Addressing those claims, Williams' attorney said in a statement that Williams is saddened that Wells Fargo chose to believe the allegations of a former employee who is allegedly "upset because she no longer has direct and unfettered access to Wendy's financial affairs."

Williams claimed in documents that the financial advisor, whose name was not mentioned in the report, was fired because of her "malfeasance in relation to [Williams'] accounts and [her] improper conduct in relation to their professional relationship."

According to her attorney, Williams spoke to several bank representatives and went into a local branch to discuss this issue with bank managers in order to prove that there are no concerns about her state of mind.

The lawyer also claimed in the statement that the bank did not make the allegations until Williams said that she wanted to cut her business ties with Wells Fargo for its alleged "mishandling of her complaints against her advisor."

A spokesperson for Wells Fargo said in a statement obtained by the outlet that its priority is Williams' financial well-being and the preservation of her privacy.

The bank is open to working with Williams’ legal team to "release funds directly to her creditors for bills historically and regularly paid from her accounts," the bank's rep added.

Wells Fargo also denied allegations of "improper actions with respect to Ms. Williams’ accounts" and said it was "fully participating in a court process to reach a resolution that is in her best interest."

Williams' ongoing health issues resulted in the Season 13 premiere of "The Wendy Williams Show" being delayed twice. She was first diagnosed with a breakthrough coronavirus case while continuing to endure Graves' diseases complications. As she later recovered from COVID-19, she delayed her return as she continued to face other health issues and remains under medical supervision.

In her absence, Leah Remini, Sherri Shepherd, Michael Rapaport, Whitney Cummings and Jerry Springer served as guest hosts.

Earlier this week, an unnamed source told People that Williams won't be returning to her show for the rest of the season because her recovery is going slower than expected. However, there is no truth to reports about stroke, drugs, addiction and a dementia diagnosis being involved in her inability to return to her talk show, the insider said.

Wendy Williams
Wendy Williams attends the Vulture Festival Presented By AT&T - Milk Studios, Day 1 at Milk Studios on May 19, 2018 in New York City. Dia Dipasupil/Getty Images for Vulture Festival
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