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Thursday, March 28, 2024 | Back issues
Courthouse News Service Courthouse News Service

Wells Fargo RICO

A federal judge on Thursday gave preliminary approval to a $50 million class action settlement on racketeering claims that Wells Fargo charged inflated fees and interest rates to struggling homeowners and used an automated system to hide the charges.

OAKLAND, Calif. – A federal judge on Thursday gave preliminary approval to a $50 million class action settlement on racketeering claims that Wells Fargo charged inflated fees and interest rates to struggling homeowners and used an automated system to hide the charges.

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