Wells Fargo Bank has settled ... enough to address the issue of class certification. The terms of the settlement were not included in court papers. A Wells Fargo spokeswoman said it had no comment ...
"It was hard-fought and there were still risks, so the fact that the class has this $50 million settlement in front of it, I think that that's all positive," she said. Lead plaintiffs Latara Bias and ...
This settlement holds Wells Fargo accountable for tolerating fraudulent conduct that is remarkable both for its duration and scope, and for its blatant disregard of customer’s private information.
The U.S. Department of Justice, which announced the settlement Friday, said the deal resolves three disputes over Wells Fargo’s 14-year practice of encouraging employees to meet sales goals that led ...