R.I. to receive $1.2M from $575M national settlement with Wells Fargo

WELLS FARGO WILL pay Rhode Island $1.2 million as part of a $575 million, 50-state settlement over claims that the bank violated consumer protection laws in several capacities. / BLOOMBERG NEWS FILE PHOTO/ERIC THAYER
WELLS FARGO WILL pay Rhode Island $1.2 million as part of a $575 million, 50-state settlement over claims that the bank violated consumer protection laws in several capacities. / BLOOMBERG NEWS FILE PHOTO/ERIC THAYER
PROVIDENCE – Rhode Island will receive $1.2 million from a $575 million, 50-state settlement with Wells Fargo Bank N.A. over states' claims that the bank violated consumer protections laws, according to R.I. Attorney General Peter F. Kilmartin Friday. Wells Fargo settled for allegedly opening unauthorized accounts in customers’ names, improperly referring customers for enrollment in…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

No posts to display