We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Wells Fargo and Company | NYSE:WFC | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -1.27 | -2.04% | 61.07 | 62.475 | 60.965 | 62.40 | 18,058,563 | 21:00:01 |
From May 2019 to May 2024
By Maria Armental
Wells Fargo & Co. has reached a $110 million tentative agreement to resolve a class-action complaint tied to t he retail-sales scandal that has plagued the bank.
The bank, the largest in the U.S. by market value, had already been ordered to pay an additional $185 million after regulators found "widespread illegal" sales practices, including the opening of as many as 2.1 million deposit and credit-card accounts, without customers' knowledge or consent, starting in 2011.
Wells Fargo -- which said Tuesday it had already set aside the money for the latest settlement as of Dec. 31 -- is still trying to determine how many people were affected and how they should be compensated.
The latest settlement proposal, which requires court approval, would cover customers who allege similar practices starting in Jan. 1, 2009.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
March 28, 2017 18:35 ET (22:35 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
1 Year Wells Fargo Chart |
1 Month Wells Fargo Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
