Wells Fargo $142 Million Settlement Status 2025 Payout

Wells Fargo $142 Million Settlement Status 2025 Payout. As part of a $3.7 billion settlement, wells fargo has agreed to pay more than $2 billion directly to customers harmed by illegal activity, ranging from incorrect overdraft fees to. Millions of wells fargo customers are in line for relief money after the government found the banking giant violated a host of federal consumer laws between 2011 and 2022.

The bank said it will now pay $142 million to customers for damages caused by any accounts opened without their customers’ permission. A federal court has finally given final approval to wells fargo ’s $142 million class action settlement for the bank’s customers who had a fake account opened in their name.