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 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 to Pay States $575 Million in Sales Abuse Claims December 28, 2018 By Imani Moise Wells Fargo & Co. will pay $575 million to settle claims made by U.S. states that the bank created phony...
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...
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’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...