2012-08-20thehill.com

Wells Fargo has agreed to pay about $6.5 million to settle charges that it sold risky mortgage-backed securities without fully realizing their dangers.

The Securities and Exchange Commission (SEC) announced the deal Tuesday, and the funds will be used to help repay harmed investors.

In its announcement, the SEC said the bank did not have enough

...


Lijit Search

Comments: Be the first to add a comment

add a comment | go to forum thread