Wells Fargo agrees to pay $1BN to public retirement plan members to settle class action lawsuit
Wells Fargo has agreed to pay US$1 billion to settle a lawsuit filed by its two public sector pension plans that 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 was filed on behalf of members of the […]
- May 18, 2023 October 2, 2024
- 12:30