Wells Fargo $142 Million Settlement Status 2024 Election. On july 8, 2017 the federal court overseeing the first class action lawsuit filed against wells fargo related to unauthorized accounts granted preliminary approval to a $142. The federal court overseeing the first class action lawsuit filed against wells fargo, related to unauthorized accounts, granted preliminary approval to a $142 million settlement designed to.
A california federal judge granted final approval for a $142 million class action settlement over claims that wells fargo opened fake bank accounts, despite many arguments that the settlement is insufficient. District judge vince chhabria granted preliminary approval to the settlement friday after wells fargo agreed to kick in extra cash beyond $142 million if the deal fails to fully.
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