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Wells Fargo to Pay $575 Million to Resolve Civil Claims
Wells Fargo to Pay $575 Million to Resolve Civil Claims
Wells Fargo & Co. (NYSE: WFC) shares were up slightly on Friday despite the megabank announcing that it would make a massive payment to resolve civil claims that it had created phony accounts and other customer abuses.
Specifically, Wells Fargo reached an agreement with attorneys general in all 50 states and the District of Columbia regarding previously disclosed retail sales practices, auto…
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