Wells Fargo to Pay $1 Billion in Class-Action Lawsuit

Gunnar Larson g at xny.io
Thu May 18 04:33:55 PDT 2023


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?

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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-billion-in-class-action-suit-wsj-reports
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