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6 Dec 2017, 1:19 pm by Erik Slobe
The California Department of Insurance [official website] announced [press release] Wednesday that it has served Wells Fargo Bank and Wells Fargo Insurance with an accusation [text, PDF] seeking to suspend or revoke the companies' licenses due to improper insurance sales practices. [read post]
27 Nov 2017, 12:38 pm by Levin & Perconti
Wells Fargo Scandal: Why Class Actions Are Necessary With last year’s Wells Fargo scandal still fresh in Americans’ minds, overturning the block on class action lawsuits is unwelcome news. [read post]
26 Nov 2017, 7:45 pm by Adam Gillette
But Fargo has a pretty cool downtown, a well-run marathon (with a finish line inside the Fargo Dome), and Sammy's pizza. [read post]
8 Nov 2017, 8:24 am by Colby Pastre
Key Findings A typical American household with four wireless phones paying $100 per month for wireless voice service can expect to pay about $221 per year in wireless taxes, fees, and surcharges – down from $223 in 2016. [read post]
7 Nov 2017, 10:51 am by Joe Consumer
 Medicis/Valeant agreed to pay class members $4.4 million and institute extensive new company training and protocols as well as fairer compensation and promotion processes. [read post]
6 Nov 2017, 6:13 pm by Mike Mireles
  Moreover, I count around 170 members listed on the LOT Network website, including companies ranging from Alibaba to Crate and Barrel to Wells Fargo to Uber to Target to Honda. [read post]
3 Nov 2017, 5:05 am by Beth Graham
Of course, most Americans cannot afford to do this on their own, so they have to band together to be able to light companies like Wells Fargo that opened millions of fake accounts or Equifax when it allowed sensitive personal data to be breached for more than 145 million Americans. [read post]
31 Oct 2017, 9:30 pm by Aaron Jordan
Arbitrators’ customers are large companies—like Wells Fargo—who they rely on for business, yet somehow arbitrators are expected to be neutral when the company paying them appears before them in a dispute. [read post]
26 Oct 2017, 12:38 pm
The Senate Repealed the One Provision That Let You Hold Companies AccountableBustle: October 25, 2017 Populist Hero Mike Pence Casts Tie-Breaking Vote to Protect Banks from LawsuitsVanity Fair: October 25, 2017 Congress Just Killed a Rule That Would Have Made It Easier for Consumers to Sue Banks — Here’s Why People Are So UpsetBusiness Insider: October 25, 2017 Battle Over Fine Print: Why GOP Is Risking Consumer Ire to Support BanksThe Christian Science Monitor:… [read post]
25 Oct 2017, 10:56 am by Christopher J. Gray
  Specifically, FINRA determined that between July 2010 and May 2012, some Wells Fargo brokers affiliated with the company’s wealth management business recommended that their customers purchase volatility-linked exchange-traded funds (“ETFs”) and volatility-linked exchange-traded notes (“ETNs”) “without fully understanding their risks and features. [read post]
22 Oct 2017, 9:01 pm by Tamar Frankel
The company adopts a bottom-up compliance approach. [read post]
13 Oct 2017, 6:00 am by Doug Cornelius
[More…] Compliance Jobs Report: Oct. 13 by Matt Kelly in Radical Compliance The Compliance Jobs Report starts with big news in the banking world: Wells Fargo has a new chief compliance officer, lured away from Barclays. [read post]
11 Oct 2017, 11:51 am by Brendan Conley
Wells Fargo shareholders can pursue claims against the company’s top executives and directors, a San Francisco federal judge ruled on October 5. [read post]
10 Oct 2017, 12:00 am by Daniel Hamilton
The total amount of compensation for each director can be found in the director compensation table (p. 37) of the Wells Fargo & Company’s (NYSE: WFC) 2017 proxy statement. [read post]
3 Oct 2017, 2:07 pm by Taras Rudnitsky
  When a dealer sells a car to a customer, the dealer often assigns the contract to a finance company, which may include Wells Fargo. [read post]