Wells Fargo $142 Million Settlement Status 2024 Update. Wells fargo’s $142 million settlement to resolve class claims that it pressured its sales team to open bank accounts on behalf of customers without their authorization or. On july 8, 2017 the federal court overseeing the first class action lawsuit filed against wells fargo related to unauthorized accounts granted preliminary approval to a $142.
A federal judge on tuesday gave his final blessing to a $480 million deal to resolve claims that wells fargo misled investors about a costly sham accounts scandal that tarnished the bank’s. Wells fargo’s $142 million settlement to resolve class claims that it pressured its sales team to open bank accounts on behalf of customers without their authorization or.