Wells Fargo to Pay $1 Billion in Class-Action Lawsuit
18 May
2023
18 May
'23
11:33 a.m.
Breaking News: Wells Fargo now has more fines and settlements than FTX, and that makes it one of the biggest scandals in US history. How does this PayPal BitLicense play into Wells Fargo? Was the PayPal Conditional BitLicense a Covid earnings manipulation scheme? ---- Wells Fargo & Co. (WFC) agreed to pay $1 billion to settle a shareholder lawsuit that accused it of making misleading statements about its compliance with federal consent orders following the 2016 scandal involving the opening of unauthorized customer accounts. Wells Fargo to Pay $1 Billion in Class-Action Lawsuit https://www.bloomberg.com/news/articles/2023-05-16/wells-fargo-to-pay-1-bill...
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Gunnar Larson