Wells Fargo & Co. said Tuesday it would pay $110 million to settle a raft of consumer lawsuits over the bank’s unauthorized accounts scandal, but lawyers behind some of those cases are hoping to kill the deal and push for a bigger payout. Calling the agreement both premature and far too small,...
Similar Stories to Wells Fargo's $110 Million Settlement Is Still Not Enough, Lawyers Say on Bing News
James Rufus Koren, Los Angeles Times: Business
Thu, 03/30/2017 - 4:35pm
BING NEWS:
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“The people on direct deposit were clearly the whales of the business,” says Britt, 51, the cofounder and CEO of Chime, the nation’s largest digital-only bank with $1.5 billion in annualized revenue ...
05/2/2024 - 11:30 pm | View Link - Wells Fargo bond saleswoman sues over 'unapologetically sexist' workplace
(Reuters) - Wells Fargo was accused of sex discrimination in a lawsuit by a bond saleswoman who said the fourth-largest U.S. bank denied pay and promotions available to men and tolerated an ...
04/19/2024 - 4:29 am | View Link - Wells Fargo tells state court why it should toss out $34M lawsuit from former CEO
Carrie Tolstedt, former head of Wells Fargo’s consumer bank, also faced a $25 million fine and an industry ... billion in fines and restitution in a settlement with the CFPB to fix issues ...
04/17/2024 - 6:00 am | View Link - Wells Fargo Bank Review: Checking, Savings and CDs
Requirements to qualify Wells Fargo’s Everyday Checking has a $10 monthly ... multiple settlements with regulators over opening 1.5 million unauthorized bank accounts, along with charging ...
04/15/2024 - 1:00 pm | View Link - Wells Fargo's wealth management profits drop amid tough first quarter
So far, 2024 has not been kind to Wells Fargo's wealth management business. In the year's first quarter, net income for Wells' Wealth and Investment Management division was $381 million — a 17% ...
04/12/2024 - 7:07 am | View Link - More
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