New Rockford Transcript - Official Newspaper of Eddy County since 1883

North Dakota to receive settlement from Wells Fargo Bank

 

January 7, 2019



North Dakota will receive $1.2 million from Wells Fargo Bank under the terms of a national settlement agreement, announced Attorney General Wayne Stenehjem. The state’s share of the $575 million settlement fund is for civil costs and attorney fees.

The multistate settlement agreement resolves claims that Wells Fargo Bank violated state consumer protection laws by opening millions of unauthorized customer accounts, enrolling customers in online banking services without their consent, improperly referring customers for enrollment in third-party insurance policies, charging insurance fees an...



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