Wells Fargo Settles Auto Insurance Scam for $385 Million June 7, 2019 By Edvard Pettersson Wells Fargo & Co. agreed to pay at least $385 million to customers who say they were signed up for...
Wells Fargo CEO Grilled at Congressional Hearing Probing Customer Abuse Scandal March 12, 2019 By Imani Moise and Pete Schroeder Democratic and Republican lawmakers on Tuesday pressed Wells Fargo & Co Chief Executive Tim Sloan for proof the bank has...
Wells Fargo Seeks to Limit Payout for Faulty Auto Insurance Plan November 26, 2018 By Patrick Rucker and Imani Moise Wells Fargo & Co. is fighting to shut some customers out of a sweeping plan to compensate around 600,000 drivers...
Lawsuit Says Wells Fargo Executives Knew About Insurance Overcharges November 7, 2018 By Patrick Rucker Wells Fargo & Co. executives were warned that an auto insurance plan could be overcharging customers four years before the...
Wells Fargo Says Repaying Auto Insurance Customers to Take Until 2020 October 30, 2018 By Patrick Rucker Wells Fargo & Co. will not finish paying back the estimated 600,000 customers it wrongly charged for auto insurance until...
Wells Fargo Must Do More to Repay Cheated Auto Insureds, Says U.S. Comptroller October 3, 2018 By Patrick Rucker and Pete Schroeder Wells Fargo & Co. has not convinced U.S. regulators it is doing enough to repay 600,000 drivers who were wrongly...
Regulators Reject Wells Fargo’s Plan to Repay Insurance Customers: Reuters September 12, 2018 By Patrick Rucker U.S. regulators have rejected Wells Fargo & Co.’s plan to repay customers who were pushed into unnecessary auto insurance, telling...
Wells Fargo Facing Possible Record Fine for Insurance, Mortgage Sales Abuses April 10, 2018 By Patrick Rucker The top U.S. watchdog for consumer finance is seeking a record fine against Wells Fargo & Co that could exceed...
Senators Quiz Wells Fargo CEO, Express Doubt Bank Will Change Ways October 4, 2017 By Patrick Rucker and Dan Freed U.S. senators slammed Wells Fargo & Co. Chief Executive Tim Sloan on Tuesday for his handling of a massive sales...
Wells Fargo CEO to Face Senators Over Consumer Lending, Auto Insurance Sales Scandals October 3, 2017 By Dan Freed and Patrick Rucker Wells Fargo & Co. CEO Tim Sloan will be questioned about sales practices, mischarging customers for auto insurance, and complaints...