Wells Fargo Securities Class Action 2024

Wells Fargo Securities Class Action 2024. Wells fargo (wfc) has agreed to pay $1 billion to settle claims of the class action suit in may 2023. If you hold one of three types of accounts with wells fargo, you may be entitled to a payment as part of a $3.7 billion settlement the bank made after a consumer protection watchdog found that.

The sec is investigating massive banks like morgan stanley and wells fargo for “systematically cheating customers out of billions of dollars of interest payments,” the. The 2024 settlement will cover more than 16 million accounts, addressing claims for misapplied payments, incorrect fees, wrongful foreclosures, and interest.