Search results
Results from the Tech24 Deals Content Network
The settlement class consists of people or entities that purchased common stock in Wells Fargo between Feb. 2, 2018, and March 12, 2020, according to the lawsuit.
The following list reflects major actions that the Enforcement Division of the United States Securities and Exchange Commission (SEC) brought in 2009–2012. The SEC is a federal agency of the United States. It holds primary responsibility for enforcing the federal securities laws and regulating the securities industry, the nation's stock and ...
Wells Fargo Total settlement: $3.7 billion. Deadline to file: Undisclosed. Requirements: Must have been a Wells Fargo client with an active banking account, mortgage or auto loan between 2011 and ...
Wells Fargo & Company is an American multinational financial services company with a significant global presence. [11] [8] The company operates in 35 countries and serves over 70 million customers worldwide. [8] It is a systemically important financial institution according to the Financial Stability Board, and is considered one of the "Big Four Banks" in the United States, alongside JPMorgan ...
Wells Fargo clients began to notice the fraud after being charged unanticipated fees and receiving unexpected credit or debit cards or lines of credit. Initial reports blamed individual Wells Fargo branch workers and managers for the problem, as well as sales incentives associated with selling multiple "solutions" or financial products. This blame was later shifted to a top-down pressure from ...
A former Wells Fargo executive reached a settlement this week with the Securities and Exchange Commission for $3 million related to allegations of misleading investors.
A Wells notice is a letter that the U.S. Securities and Exchange Commission (SEC) sends to people or firms at the conclusion of an SEC investigation that states the SEC is planning to bring an enforcement action against them.
Wells Fargo & Co (WFC.N) will pay $575 million to settle claims made by U.S. states, the latest settlement as the bank works to resolve lingering investigations and legal battles stemming from its ...