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Litigation

Mar. 30, 2016

Wells Fargo settles state, counties' privacy suit

Wells Fargo Bank NA will pay $8.5 million to settle allegations that customers remained too long in the dark about the company recording their phone calls.

By Saul Sugarman
Daily Journal Staff Writer

Wells Fargo Bank NA will pay $8.5 million to settle allegations that customers remained too long in the dark about the company recording their phone calls.

The announcement came Tuesday from state Attorney General Kamala Harris and five California county district attorneys, who said Wells Fargo will pay about $7.6 million in civil penalties, $380,000 to reimburse the pro...

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