Wells Fargo & Co. agreed Friday to pay out $575 million to customers affected by its improper sales practices. Those improper practices affected retail sales, auto collateral protection insurance (CPI), Guaranteed Asset/Auto Protection (GAP) and mortgage interest-rate lock matters, Wells Fargo says. The San Francisco-based bank reached the agreement with all 50 state attorneys general and the District of Columbia. “This agreement underscores our serious commitment to making things right in regard…
from https://www.bizjournals.com/baltimore/news/2018/12/28/wells-fargo-agrees-to-575m-payout-for-improper.html?ana=RSS&s=article_search
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