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Judge approves $142 million class-action settlement in Wells Fargo sham accounts scandal

Wells Fargo & Co. has received preliminary approval for its proposed $142 million class-action settlement to compensate possibly millions of customers who had unauthorized accounts opened in their name. On Saturday, a federal judge in San Francisco found that the proposed settlement was “fair, reasonable and adequate.” The decision means that the plaintiffs in the class-action…


Judge approves 2 million class-action settlement in Wells Fargo sham accounts scandal
Judge approves $142 million class-action settlement in Wells Fargo sham accounts scandal

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