The settlement is just the latest payout that Wells Fargo has had to make since its account generation scandal became public last year. Read more
Wells Fargo was worth an estimated $240 billion – a value that will be negatively impacted over the coming months. Read more
This is the litigation brought on behalf of participants in the Wells Fargo employee 401(k) pension plan. Read more
Wells Fargo and its leadership are also facing another type of lawsuit arising as of this illegal scheme, and it was brought on behalf of its shareholders. Read more
The settlement would end nearly eight years of litigation that have resulted in more than $226 million in payouts from 11 Defendants, including Morgan Stanley and JPMorgan Chase. Read more
Wells Fargo, the nation’s largest mortgage lender, has agreed to pay $1.2 billion to put to rest claims that it engaged in reckless lending from 2001 through 2010. Read more
Wells Fargo was accused of ordering unnecessary property inspections and charging delinquent borrowers. Read more
Wells Fargo Bank NA and Assurant Inc. have settled a putative class action lawsuit in an Illinois federal court. The two companies were accused in the case of conspiring to inflate the cost... Read more
A New York federal jury returned a $54.8 million verdict against Wells Fargo & Co. in a class action accusing mortgage companies previously owned by Wells Fargo’s Wachovia Corp. of charg... Read more
Wells Fargo & Co. has been sued for biased lending by Cook County, Ill. The largest U.S. mortgage lender was accused of targeting black, Hispanic and female borrowers with predatory and... Read more
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