Wells Fargo Agrees to Halt Forced Arbitration for Sex Harassment Claims February 13, 2020 By Imani Moise Wells Fargo & Co. on Wednesday ended its forced arbitration policy for employee sexual harassment claims, opening the lender to...
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 Settling California Car Loan Suit for $385M June 10, 2019 Wells Fargo has agreed to pay at least $385 million to settle a California lawsuit alleging it signed up thousands...
Meeting Between Regulators, Employees Helped Set Stage for Wells Fargo CEO Exit April 9, 2019 By Imani Moise and Pete Schroeder The day after former Wells Fargo & Co. Chief Executive Tim Sloan told U.S. lawmakers he was transforming the bank’s...
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...
Fund Manager LJM Sues to Find Those Behind Market Volatility Losses January 22, 2019 By Trevor Hunnicutt LJM Partners Ltd. on Friday filed a lawsuit against unnamed parties it holds responsible for hundreds of millions of dollars...
$10M Penalty in Wells Fargo California Case, Can’t Do New Business Until at Least 2020 January 2, 2019 Wells Fargo has agreed to pay a $10 million penalty as part of a settlement agreement with the California Department...
Fed Chair Says Wells Fargo Must Address Risk Management Before Any Growth December 11, 2018 By Patrick Rucker and Imani Moise Wells Fargo & Co. must keep a lid on its growth until the bank has hardened its risk management policies...
Class Action Claiming Wells Fargo Made Robocalls Seeks Triple Damages October 29, 2018 By Dena Aubin A proposed class action lawsuit in San Francisco federal court accuses Wells Fargo of making tens of thousands of automatically...
Wells Fargo Agrees to Pay $2.09B to Settle U.S. Probe into Mortgage Sales Abuses August 3, 2018 By Hannah Levitt and Kartikay Mehrotra Ten years after faulty mortgages upended the global financial system, Wells Fargo & Co. agreed to pay $2.09 billion to...