Wells Fargo Agrees to Cough Up $1 Billion to Settle Shareholder Lawsuit
Posted on 05/17/2023
San Francisco-based Wells Fargo & Company, the fourth biggest bank in the U.S., agreed to cough up US$ 1 billion to settle a class-action lawsuit from shareholders over a series of scandals related to the San Francisco-based bank’s treatment of customers. The amount is suggested by a mediator, according to court documents. Wells Fargo denied…
