Wells Fargo Settlement News 2024 News. Wells fargo was found guilty of imposing excessive interest rates on certain loan products in the previous years. Wells fargo is in the last stages of a process to pass regulatory tests to lift a $1.95 trillion asset cap next year after fixing problems from its fake.
A new class action lawsuit alleges that wells fargo failed to properly safeguard and secure its customers’ “highly sensitive” personal information during a data breach. According to the cfpb, customers that held one of the following accounts between 2011 and 2022 were harmed.