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Wells Fargo agrees to $3B settlement in fake accounts case

The DOJ slapped the bank over its fake account scandal......»»

Category: topSource: foxnewsFeb 21st, 2020

Wells Fargo agrees to pay $480 million to settle securities-fraud lawsuit over fake accounts

Wells Fargo & Co. agreed to pay $480 million to s.....»»

Category: topSource: latimesMay 4th, 2018

Wells Fargo agrees to $65-million settlement with New York over unauthorized accounts scandal

Wells Fargo & Co. will pay a $65-million penalty t.....»»

Category: topSource: latimesOct 22nd, 2018

Wells Fargo fined $35 million in SEC settlement over investment advice

The fine comes as Wells Fargo struggles to repair its image after admitting to consumer abuses. The company reached a $3 billion settlement with the Justice Department and the SEC last week for opening millions of accounts without customers’ consent......»»

Category: topSource: washpostFeb 27th, 2020

Wells Fargo to pay $3 bln for fake accounts

Wells Fargo reached a settlement Friday for a massive fake account scandal, in which it admitted to guilt and agreed to pay $3 billion to the Justice Department and Securities and Exchange Commission. Conway G. Gittens details the official announcement......»»

Category: videoSource: reutersFeb 21st, 2020

Wells Fargo reaches $3 billion settlement with DOJ, SEC over fake-accounts scandal

The settlement addresses systemic consumer abuses sparked by the bank’s admission in 2016 that it had opened millions of fake accounts customers didn’t want......»»

Category: topSource: washpostFeb 21st, 2020

Wells Fargo nears SEC, DOJ settlement over fake-accounts scandal

The settlement is the latest of several fines and penalties against the San Francisco-based bank since it admitted in 2016 that it had opened millions of accounts customers didn’t request......»»

Category: topSource: washpostFeb 21st, 2020

Ex-Wells Fargo CEO banned from banking, must pay $17.5M fine for role in fake-accounts scandal

The former CEO of Wells Fargo can never work for a bank again and must pay a $17.5 million fine for his role in the bank's .....»»

Category: topSource: usatodayJan 23rd, 2020

Wells Fargo CEO got 5% pay raise to $18.4 million for 2018

Charged with cleaning up the fake-accounts scandal that claimed his predecessor, Sloan has struggled to satisfy regulators' demands to overhaul the sprawling institution......»»

Category: topSource: moneycentralMar 13th, 2019

Wells Fargo execs reach $240M settlement for phony accounts

Insurers for Wells Fargo CEO Tim Sloan, forer chief executive John Stumpf and 18 others will fork over $240 million to shareholders over the scandal involving the creation of millions of phony accounts......»»

Category: topSource: moneycentralMar 2nd, 2019

Wells Fargo reaches $240-million settlement in accounts-scandal lawsuits

Wells Fargo & Co. will receive $240 million from.....»»

Category: topSource: latimesMar 1st, 2019

Wells Fargo officials enter $240M settlement over bogus accounts

Wells Fargo & Co executives and directors have reached a $240 million settlement with U.S. shareholders over the creation by bank employees of millions of unauthorized customer accounts......»»

Category: topSource: moneycentralMar 1st, 2019

Wells Fargo officials enter $240 million settlement over bogus accounts

Wells Fargo & Co executives and directors have reached a $240 million settlement with U.S. shareholders over the creation by bank employees of millions of unauthorized customer accounts......»»

Category: topSource: reutersMar 1st, 2019

Wells Fargo officials make $240M settlement over bogus accounts

Wells Fargo & Co officials have reached a record $240 million settlement with U.S. shareholders over the creation by bank employees of millions of unauthorized customer accounts......»»

Category: topSource: moneycentralMar 1st, 2019

Wells Fargo officials make $240M settlement over bogus accounts

Wells Fargo & Co officials have reached a record $240 million settlement with U.S. shareholders over the creation by bank employees of millions of unauthorized customer accounts......»»

Category: topSource: moneycentralMar 1st, 2019

Wells Fargo officials make record $240 million settlement over bogus accounts

Wells Fargo & Co officials have reached a record $240 million settlement with U.S. shareholders over the creation by bank employees of millions of unauthorized customer accounts......»»

Category: topSource: reutersMar 1st, 2019

Wells Fargo fake account holders to get "imperfect" closure

Wells Fargo & Co. customers who didn’t consent to having 3.5 million accounts created by bankers trying to hit sales quotas are finally getting what a judge called “rough justice.”.....»»

Category: topSource: moneycentralMay 30th, 2018

Judge approves a $142-million settlement over the Wells Fargo accounts scandal, calling it "rough justice"

Wells Fargo & Co. customers who didn’t consent to .....»»

Category: topSource: latimesMay 30th, 2018

Wells Fargo settles retail sales lawsuit for $142 million

(Reuters) - Wells Fargo & Co said on Friday a district court in California approved a $142 million class-action settlement to compensate customers who were affected by a sales scandal related to the opening of phony bank accounts......»»

Category: topSource: reutersJun 15th, 2018

Wells Fargo settles retail sales lawsuit for $142 million

Wells Fargo said Friday a district court in California approved a $142 million class-action settlement to compensate customers who were affected by a sales scandal related to the opening of phoney bank accounts......»»

Category: topSource: moneycentralJun 15th, 2018