Wells Fargo $142 Million Settlement 2024. Wells fargo $142 million settlement 2024. Wells fargo must guarantee full compensation and credit history repairs for an estimated 2.73 million victims of its sham accounts scandal before a judge will approve a proposed $142 million settlement.

Wells fargo agreed the bank would pay $3.7 billion to settle with a u.s. The $480 million shareholder deal follows a separate $142 million settlement with bank customers who had phony accounts opened in their names, often resulting in fees, from 2002 to 2017.