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Dec 20, 2022 · Wells Fargo has agreed to a $3.7 billion deal with regulators to settle charges that it took advantage of customers on their auto loans, mortgages and bank accounts. The Consumer Financial ...
Feb 21, 2020 · Wells Fargo, a major US bank, has agreed to pay $3bn (£2.3bn) to resolve a government investigation into its sales practices, including opening millions of fake customer accounts. The bank ...
Dec 21, 2022 · Key Points. Wells Fargo also agreed to pay a $1.7 billion civil penalty, which marks the largest fine ever doled out by the Consumer Financial Protection Bureau. $1.3 billion of the $2 billion in ...
Feb 29, 2024 · The case is Gonzales v Wells Fargo & Co et al, U.S. District Court, Northern District of California, No. 24-01223. Sign up here. Reporting by Jonathan Stempel in New Yorkd; editing by Jonathan Oatis.
May 3, 2021 · The case centered on the fallout from revelations, beginning in 2016, that Wells Fargo employees opened millions of unauthorized customer accounts after pressure by the bank to meet unrealistic ...
May 16, 2023 · A judge on Tuesday, May 16, 2023, granted preliminary approval of a deal under which Wells Fargo will pay $1 billion to settle a class-action lawsuit filed by shareholders. The shareholders alleged the bank made misleading statements about its compliance with federal regulators after a fake account-opening scandal that came to light in 2016.
Feb 21, 2020 · By Pete Williams. Wells Fargo, the nation's fourth-largest bank, agreed Friday to pay a $3 billion fine to settle a civil lawsuit and resolve a criminal prosecution filed by the Justice Department ...
