Despite $1B Deal, Wells Fargo Still Faces Storm Of Litigation

By Hannah Albarazi (May 16, 2023, 10:43 PM EDT) — Wells Fargo may have agreed to pay a whopping $1 billion in cash to resolve investor claims that it overstated its progress in fixing internal controls and compliance problems, but the scandal-plagued bank still faces a mountain of ongoing regulatory investigations and litigation….

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