Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Wells Fargo agrees to $1 billion shareholder settlement

Por: The Boston Globe Business May 17, 2023

thumbnail

Wells Fargo has agreed to pay $1 billion to settle a class-action lawsuit brought on by shareholders who had accused the lender of overstating the progress of reforms initiated after the 2016 fake accounts scandal.The settlement was filed late Monday in federal court in Manhattan, where litigation had been in progress for three years. If it secures the judge’s approval, it would be among the 20 largest securities class-action deals on record,... + full article



Similar News

Wells Fargo agrees to pay $1 billion to settle shareholders' class-action lawsuit

ABC News USA Business May 17, 2023

thumbnailWASHINGTON -- Wells Fargo has agreed to a pay $1 billion to settle a lawsuit filed by its shareholders who alleged the bank made misleading statements about its compliance with federal regulators after a fake account-opening scandal came to light in 2016.The class-action lawsuit... + más

Wells Fargo is paying yet another huge penalty to settle more allegations it harmed its own customers | Business Insider

Wells Fargo to pay $3.7 billion settlement over latest allegations of illegal activity | CBS News


Wells Fargo agrees to pay $1 billion to settle shareholders' class-action lawsuit

ABC News USA Business May 17, 2023

thumbnailWASHINGTON -- Wells Fargo has agreed to a pay $1 billion to settle a lawsuit filed by its shareholders who alleged the bank made misleading statements about its compliance with federal regulators after a fake account-opening scandal came to light in 2016.The class-action lawsuit... + más

Wells Fargo is paying yet another huge penalty to settle more allegations it harmed its own customers | Business Insider

Wells Fargo to pay $3.7 billion settlement over latest allegations of illegal activity | CBS News


Wells Fargo agrees to pay $1 billion to settle shareholders' class-action lawsuit

ABC News USA Nation May 17, 2023

thumbnailWASHINGTON -- Wells Fargo has agreed to a pay $1 billion to settle a lawsuit filed by its shareholders who alleged the bank made misleading statements about its compliance with federal regulators after a fake account-opening scandal came to light in 2016.The class-action lawsuit... + más

Wells Fargo is paying yet another huge penalty to settle more allegations it harmed its own customers | Business Insider

Wells Fargo to pay $3.7 billion settlement over latest allegations of illegal activity | CBS News


U.S. Fines Wells Fargo Nearly $100 Million For Sanctions Violations

Forbes USA Business March 30, 2023

thumbnailUpdated Mar 30, 2023, 04:20pm EDTTopline The Federal Reserve and Treasury Department fined Wells Fargo $97.8 million on Thursday for allowing a foreign bank to make hundreds of millions of dollars in transactions that were prohibited under U.S. sanctions laws, the latest... + más

Wells Fargo is paying yet another huge penalty to settle more allegations it harmed its own customers | Business Insider

Wells Fargo to pay $3.7 billion settlement over latest allegations of illegal activity | CBS News


Wells Fargo to pay $3.7 billion settlement over latest allegations of illegal activity

CBS News USA Business December 21, 2022

thumbnailFederal regulators ordered Wells Fargo to pay $3.7 billion in fines and refunds to customers, marking the largest fine to date against the nation's third largest bank.The fines come after the Consumer Financial Protection Bureau (CFPB) alleged Wells Fargo has illegally... + más

Wells Fargo to pay $3.7B over consumer loan violations | 10 WBNS

Wells Fargo to pay $3.7B over consumer law violations | Associated Press


Wells Fargo is paying yet another huge penalty to settle more allegations it harmed its own customers

Business Insider USA Business December 21, 2022

thumbnailFor the fifth time in six years, Wells Fargo is ponying up a lot of money to settle a scandal.Wells Fargo is agreeing to  to resolve allegations by a top consumer agency that the bank's illegal practices cost customers billions of dollars.The Consumer Financial Protection... + más

Wells Fargo to pay $3.7 billion settlement over latest allegations of illegal activity | CBS News

Wells Fargo to pay $3.7B over consumer loan violations | 10 WBNS


Sen. Elizabeth Warren calls Wells Fargo CEO 'evasive,' presses bank for fraud complaints on Zelle payment platform

CNBC USA Politics November 07, 2022

thumbnailIn this articlePedestrians pass a Wells Fargo bank branch in New York, U.S., on Thursday, Jan. 13, 2022.Victor J. Blue Bloomberg Getty ImagesSen. Elizabeth Warren called CEO Charles Scharf evasive, saying the bank's answers to her questions about fraud across the Zelle... + más

Why Zelle moves twice as much money as Venmo and the Cash App combined | MarketWatch

Fraud, scam cases increasing on Zelle, Senate report finds | Los Angeles Times



About iurex | Privacy Policy | Disclaimer |