The Navajo Nation announced that it’s suing Wells Fargo for allegedly engaging in predatory and unlawful banking practices that targeted and harmed tribal members. In a statement, Navajo Nation President Russell Begaye said the tribe’s lawyer has been directed to …
Wells Fargo was served with an accusation by the California Department of Insurance seeking to suspend or revoke its licenses for alleged improper insurance sales practices related to the company’s online insurance referral program. Such practices resulted in insurance products …
The California Legislature backed a measure this week that could require Wells Fargo to go to court with consumers who say they were harmed by the bank’s fake account scandal. The legislation would prohibit the San Francisco-based bank in some …
California Commissioner Dave Jones has ordered an investigation into recent allegations that Wells Fargo and National General Insurance improperly charged consumers for “force-placed” auto insurance for consumers who had auto loans with Wells Fargo. Wells Fargo in a July 27 …
California has taken another step on toward allowing state residents to sue financial institutions for fraud, rather than letting banks force customers to settle disputes in arbitration, as a bill inspired by last year’s Wells Fargo scandal passed a key …
The U.S. Justice Department filed a friend-of-the-court brief on Tuesday in a lawsuit brought against Wells Fargo & Co. by two former employees, who were fired after they reported misdemeanors they had noticed to their supervisors. The DOJ’s filing concluded …
California lawmakers are making headway on legislation to allow state residents to sue financial institutions for fraud, rather than letting banks force customers to settle disputes in arbitration. The state Senate passed the bill, spurred by last year’s Wells Fargo …
Authorities in suburban Philadelphia, Penn., say a construction worker was crushed to death by a safety deposit box. Cheltenham Township police say the incident happened at an old Wells Fargo in the Cheltenham Mall around 1 p.m. Monday. Officials say …
San Francisco, Calif.-based Wells Fargo Insurance released its 2017 Insurance Market Outlook and Employee Benefits Outlook reports showing this year’s property/casualty insurance market will again be favorable to buyers. According to the surveys, most sectors will see a flat to …
San Francisco, Calif.-based Wells Fargo is completely restructuring how it pays tellers and other bank branch employees after a scandal over its aggressive sales practices. Employees will no longer get incentives for opening accounts or meeting sales goals. They will …
