Wells Fargo might owe you money—how to get it - CNBC
Jan 19, 2023 · As part of a $3.7 billion settlement, Wells Fargo has agreed to pay more than $2 billion directly to customers harmed by "illegal activity," ranging from incorrect overdraft fees to …
Wells Fargo Customers Entitled To Billions In Settlement - Forbes
Jan 26, 2023 · Millions of Wells Fargo customers are in line for relief money after the government found the banking giant violated a host of federal consumer laws between 2011 and 2022. Regulators at the...
CFPB Orders Wells Fargo to Pay $3.7 Billion for Widespread ...
Dec 20, 2022 · CFPB is ordering Wells Fargo Bank to pay more than $2 billion in redress to consumers and a $1.7 billion civil penalty for legal violations across several of its largest product lines.
Millions of Wells Fargo Customers to Get Payout As Bank Faces …
Jan 20, 2023 · Wells Fargo agreed the bank would pay $3.7 billion to settle with a U.S. consumer finance watchdog, for years of mistakenly freezing accounts, wrongly repossessing cars and illegally charging...
Wells Fargo Agrees to Pay $3 Billion to Resolve Criminal and Civil ...
Feb 21, 2020 · Wells Fargo also agreed to the SEC instituting a cease-and-desist proceeding finding violations of Section 10(b) of the Exchange Act and Rule 10b-5 thereunder. The $3 billion payment resolves all three matters, and includes a $500 million civil penalty to be distributed by the SEC to investors.
CFPB Sues JPMorgan Chase, Bank of America, and Wells Fargo for …
Dec 20, 2024 · Wells Fargo Bank, N.A. is a national bank and subsidiary of Wells Fargo & Company headquartered in Sioux Falls, South Dakota. As of June 30, 2024, Wells Fargo had $1.9 trillion in consolidated total assets. ... The CFPB’s lawsuit seeks to halt unlawful conduct, obtain redress for harmed consumers, and obtain a civil money penalty, ...
Timeline: Wells Fargo's Biggest Legal Settlements - Investopedia
May 16, 2023 · Wells Fargo agreed to pay shareholders $1 billion in damages to settle a class-action lawsuit filed against it, stemming from a fake accounts scandal that surfaced in 2016.
Wells Fargo agrees to pay $1 billion to settle shareholders' class ...
May 16, 2023 · Wells Fargo has agreed to a pay $1 billion to settle a lawsuit filed by its shareholders. The shareholders had alleged that the bank made misleading statements about its compliance with federal regulators after a fake account-opening scandal came to light in 2016.
Wells Fargo settles CFPB allegations for $3.7B - The Hill
Dec 20, 2022 · Wells Fargo on Tuesday agreed to a $3.7 billion settlement with the Consumer Financial Protection Bureau (CFPB) to resolve allegations against the banking giant for misapplied loans, wrongfully...
Wells Fargo agrees to $3.7 billion federal settlement for alleged ...
Dec 20, 2022 · Wrongfully freezing or closing customers' accounts. Those are some of the infractions allegedly committed by Wells Fargo that has led the bank to agree to a $3.7 billion settlement with the...