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Banking & Finance Archives

Wells Fargo Will Pay Over $240 Million To Defrauded Shareholders

Wells Fargo reached a record settlement today with U.S. shareholders after employees created over 1.5 million false accounts and insurance policies under customer's names. Twenty Wells Fargo executives and directors will pay for the damages, but the government and consumers' faith has been shaken.

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Worcester Office
339 Main Street
Suite 300
Burnside Building
Worcester, MA 01608

Phone: 508-471-3018
Worcester Law Office

Westborough Office
1900 West Park Drive
Suite 280
Westborough, MA 01581

Phone: 508-471-3018
Phone: 508-709-0024
Westborough Law Office