FINRA AWC No. 2022073287901 • Municipal Securities Fraud Seven Years of Broken Rules: How Wells Fargo Left $14.4 Million in Municipal Trades Hanging EvilCorporations.com • FINRA AWC No. 2022073287901 • 9 min read TL;DR From November 2016 through November 2023,…
Exclusive Investigation Wells Fargo Punished Homeowners for Using COVID Relief EvilCorporations.com • Stoff v. Wells Fargo Bank, N.A. • Case No. 37-2020-00020808-CU-BT-CTL • 19 min read TL;DR During the COVID-19 pandemic, the federal CARES Act forced mortgage servicers like Wells…
Investigations • Wall Street • Public Finance Five Years of Looking Away Wells Fargo quietly ignored its legal duty to protect public money for over five years. The penalty: $275,000 (roughly the cost of five median American salaries), a number…
EvilCorporations.com — Banking & Financial Fraud Wells Fargo Stole Your Mortgage Fees, Held Them for Over a Decade, Then Sent You a Check and Hoped You’d Shut Up EvilCorporations.com • Case No. CGC-25-6260161 / 3:25-cv-05959 • 23 min read TL;DR…
Data Security Failure Eight Years. 1,624 Accounts. $150,000 Slap. EvilCorporations.com • AWC No. 2021073472601 • 7 min read TL;DR For eight years (January 2014 through March 2022), Wells Fargo failed to cut off data access for former employees when they…
TL;DR Wells Fargo paid cash sweep account holders as little as 0.02% interest while the prevailing U.S. Treasury Bill rate sat above 5.5%, a gap of more than 234 times. The bank’s own CFO confirmed a rate adjustment would cost…
EvilCorporations.com • Case No. 3:24-cv-05105 • Northern District of California • Filed Aug. 13, 2024 • 30 min read Wells Fargo Stole From Your Mortgage. Then Mailed You a Check With No Explanation. Wells Fargo overcharged tens of thousands of…
EvilCorporations.com • Civil Action No. 24-cv-03043, D. Minn., filed 07/30/2024 • 62 min read Wells Fargo’s Prescription Pricing Plunder A federal class action filed in Minnesota accuses Wells Fargo of making its own employees pay up to 10,615% above the…
Editors Note: This article has been removed at the request of the survivor it identified. While the reporting was accurate at the time of publication last year, continued availability of this specific piece has resulted in ongoing personal and professional…