A pair of small businesses have filed a putative class action against Wells Fargo Merchant Services in New York federal court. Read more
Wells Fargo has had lots of problems – all self-inflicted – starting with the scandal that erupted in September. Read more
Wells Fargo has agreed to pay about $14.8 million to settle Telephone Consumer Protection Act (TCPA) claims over autodialed calls. Read more
Two whistleblowers who filed suit against Wells Fargo accusing the bank of engaging in improper mortgage practices may get another chance. Read more
Wells Fargo has increased an estimated number of unauthorized checking, savings and credit card accounts that employees allegedly opened. Read more
An Illinois federal judge has approved on a settlement between Wells Fargo Advisors and a class of the bank’s African-American employees. Read more
According to the settlement, Plaintiffs would receive $30.84 per $1,000 of face value of the securities they purchased. Read more
The Supreme Court's decision has been referred to as “a mixed-bag ruling,” with each side able to claim a victory of sorts. Read more
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
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