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Wells Fargo class-action settlement hits snag
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Banking
Friday, May 19, 2017
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A class-action lawsuit against Wells Fargo is facing speculation that the amount of the settlement proposed to redress consumers who had fraudulent accounts opened in their names without their consent does not go far enough. This comes in part as a result of findings from the Wells Fargo independent board’s investigation into the issue. Read on to find out what evidence is being cited as reason to reconsider the parameters of the settlement and what the company has to say.
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