News alert: Wells Fargo to pay $3 billion settlement for violating antifraud rules, resolving fake account probes

4 years ago

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News Alert Friday, February 21

Wells Fargo to pay $3 billion settlement for violating antifraud rules, resolving fake account probes

Wells Fargo has agreed to pay $3 billion to settle claims related to its creation of millions of fake accounts to meet sales goals, including $500 million that will be returned to investors.

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News alert: Wells Fargo to pay $3 billion settlement for violating antifraud rules, resolving fake account probes

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