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Wells Fargo Settles Sales Scandal Lawsuit; To Pay $480M

May 07, 2018
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Wells Fargo Settles Sales Scandal Lawsuit; To Pay $480M

May 07, 2018
Wells Fargo announced late last week that it has agreed to pay $480 million to settle a securities fraud class-action suit. In a press release, the embattled bank said the lawsuit was filed in the U.S. District Court for the Northern District of California, sparked by misstatements and omissions in its discourse related to sales practices. The […]