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Wednesday, December 6, 2023
Courthouse News Service
Wednesday, December 6, 2023 | Back issues
Courthouse News Service Courthouse News Service

Ponzi settlement

OAKLAND, Calif. — A federal court in California granted final approval to a $3.75 million settlement in favor of the members in a class action against Wells Fargo over its role in an alleged Ponzi scheme run by Jerome and Shaun Cohen. Class counsel gets $937,000 in attorney fees.

Read the ruling here.

Categories / Briefs, Business, Securities

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