Wells Fargo $142 Million Settlement Update 2025. Wells fargo will pay $142 million to settle class action claims that it secretly opened credit cards and unauthorized accounts in customers’ names going back to 2002. In july 2017, wells fargo agreed to pay $142 million to its customers in a settlement over the 3.5 million potentially fake accounts the bank admitted to opening without.
At least eight objectors have appealed approval of the $142 million class action settlement over wells fargo’s “fake account” scandal, many alleging that plaintiffs’ lawyers. In july 2017, wells fargo agreed to pay $142 million to its customers in a settlement over the 3.5 million potentially fake accounts the bank admitted to opening without.
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