Relevant:
- Wells Fargo Settles Fake-Account Lawsuit for $110 Million
- Wells Fargo apologizes after hundreds of customers lose their homes due to ‘computer glitch'
- Sen. Warren tells Wells Fargo CEO Tim Sloan he should be fired for fake accounts scandal (+OTHERS LAMBASTE MIGHTILY!)
- Wells Fargo Financial Consolidates; 683 offices close, 3800 jobs gone
- Mortgage Buybacks Costing Wells Fargo?
2017-11-05 — reuters.com
The lawsuits include two class action cases alleging violations of federal and state consumer fraud laws, as well as claims brought by former employees who said they were fired for raising concerns over problematic sales practices. Wells Fargo disclosed the litigation in its third-quarter financial filing with the U.S. Securities and Exchange Commission.
"The disclosures included in our filing today reflect the company's continued commitment to transparency. Our top priority is to rebuild trust, and we remain focused on making things right for our customers, team members, community partners and shareholders," a company spokesman wrote via email.
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