Wells Fargo Bank Reported Closing Settlement 2024 Election

Wells Fargo Bank Reported Closing Settlement 2024 Election. Wells fargo has agreed to a pay $1 billion to settle a lawsuit filed by its shareholders who alleged the bank made misleading statements about its compliance with. The settlement includes $2 billion in restitution and a $1.7 billion civil.

On tuesday, the bank agreed to pay $1.7 billion in penalties and another $2 billion in damages to settle claims that it engaged in an array of banking violations over the last. Wells fargo’s stock has increased 20% since the election.