Wells Fargo’s $142M Unauthorized Account Settlement Is Granted Final Approval

Mealey's (June 19, 2018, 1:17 PM EDT) -- SAN FRANCISCO — A California federal judge on June 14 granted final approval of a $142 million settlement that will be paid by Wells Fargo & Co. and Wells Fargo Bank N.A. to resolve class claims that the bank opened accounts for individuals, enrolled them in products and services and submitted applications for products and services without consent (Shahriar Jabbari, et al. v. Wells Fargo & Company, et al., No. 15-2159, N.D. Calif.)....