Wells Fargo to Pay $3B to U.S. to Settle Fake Accounts Scandal February 24, 2020 By Chris Prentice, Pete Schroeder and Imani Moise Wells Fargo & Co. has agreed to pay $3 billion to resolve criminal and civil probes into fraudulent sales practices...
Wells Fargo Settles Navajo Nation Claims Over Fake Accounts for $6.5 Million August 23, 2019 By Bryan Pietsch Wells Fargo & Co. will pay the Navajo Nation $6.5 million to settle a lawsuit over “predatory and unlawful practices”...
Wells Fargo Gets OK on $142M Settlement with Customers Over Phony Accounts June 18, 2018 Wells Fargo & Co. said on Friday it received final approval from a district court in California to settle a...
Wells Fargo to Pay $480M to Settle Investors’ Suit Over Fake Accounts May 7, 2018 By Hannah Levitt Wells Fargo & Co. agreed to pay $480 million to settle a class-action lawsuit in which investors accused the bank...
Wells Fargo C-Suite Must Face Shareholder Lawsuit Over Fake Accounts: Judge October 6, 2017 By Jonathan Stempel A federal judge said current and former Wells Fargo & Co. officers and directors, including Chief Executive Officer Tim Sloan,...
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’s Additional Fake Accounts Could Jeopardize $142M Settlement September 6, 2017 By Kartikay Mehrotra and Laura J. Keller Wells Fargo & Co.’s disclosure Thursday that employees may have opened significantly more unauthorized accounts than previously stated could jeopardize...
Wells Fargo Nears $142 Million Consumer Settlement Over Fake Accounts July 11, 2017 A California judge has granted a preliminary approval for Wells Fargo & Co.’s agreement to pay $142 million, and perhaps...
Wells Fargo Settles Sham Account Claims for $110 Million March 29, 2017 Wells Fargo & Co. said it agreed to pay $110 million to settle a lawsuit by customers challenging its opening...
Senate Bill Would Let Wells Fargo Customers Sue in Court, Bypass Arbitration December 2, 2016 By Suzanne Barlyn Legislation introduced by two Democratic lawmakers on Thursday would allow Wells Fargo & Co. customers to go to court, instead...