As part of the settlement, Wells Fargo was ordered to pay a $3.6 million civil penalty and provide $410,000 in relief to borrowers.
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Wells Fargo agreed on Thursday to pay $185 million to resolve charges that thousands of employees secretly opened deposit and credit card accounts for customers or enrolled them in new services without permission, in a widespread practice fueled by sales targets and salary bonuses.
September 08, 2016 at 01:12 PM
1 minute read
As part of the settlement, Wells Fargo was ordered to pay a $3.6 million civil penalty and provide $410,000 in relief to borrowers.
Read more:
Phila. Jury Hands Up $6.1M Verdict to Crushed Worker Despite Plaintiff's 'Nuclear' Settlement Demand
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