Pursuant to the Order, the Respondent paid a $500 million civil money penalty to the Commission. We call this "Pay What Is Fair" because this fee model is fair to you and because we're counting on you to be fair to us. CardMatch can help you find special credit card deals by matching your credit profile with offers you're likely to qualify for. Please send an email to info@WellsFargoFairFund.com. Wells Fargo Reaches Settlements to Resolve Outstanding DOJ and SEC Investigations Related to Historical Community Bank Sales Practices, Settlement includes agreement with DOJ resolving criminal investigation, Resolution also covers DOJ and SEC civil investigations. 333-234425 and 333-234425 -01 This pricing supplement, which is not complete and may be changed, relates to an effective Registration Sta. A married couple could transfer up to $150,000 out of their estate in one year. Also on August 11, 2015, the Court held a case management conference, and verbally denied as moot Wells Fargo's motion to dismiss Plaintiff Jabbari's Complaint. You will need to submit documentation that represents any purchase made within your 401(K) Plan during the Recovery Period. THE FUND ADMINISTRATOR HANDLES ALL ASPECTS OF CLAIMS PROCESSING. In February 2020, the lender agreed to pay a $3 billion fine after it was found . On March 18, 2013, approximately 4.2 million people were sent notices that they will receive remuneration as a result of an agreement between federal banking regulators and 13 mortgage servicers . If you bought at inflated price and sold at inflated price at earliest timeframeyou have no loss. UNITED STATES DISTRICT COURT . Wells Fargo & Company was ranked No. The total contribution to all of your Traditional and Roth IRAs cannot be more than the annual maximum for your age or 100% of earned income, whichever is less. As such, they should not be used as a substitute for consultation with accounting, tax, legal, or other professional advisors. Get started by checking your rates. The combined settlement fund is worth $66.74 million, with JP Morgan paying $19.5 million, Wells Fargo paying $20.82 million, and Bank of America paying $26.42 million. This $500 million is a part of a larger $3 billion settlement with the Department of Justice and SEC. The Plan of Allocation is designed to compensate Eligible Claimants based on their losses from purchases of the Security (Wells Fargo Common Stock) during the Recovery Period (November 18, 2012 through September 14, 2016) due to conduct of the Respondent. ECF No. Here is the prize money payout for each player who made the cut this week at the Wells Fargo Championship. Wells Fargo, which did not admit to or deny the Labor Department's allegations, will pay about $145 million roughly $131.8 million to the plan's eligible current and former participants and. Enter the estimated number of months the equipment may be used in your practice. Earn Your Business Synonym, Bankrate.com provides a FREE 401(k) calculator to help consumers calculate their retirement savings growth and earnings. Hotels Near Point Loma Naval Base, With this calculator, you can find several things: The payment that would deplete the fund in a . Wells Fargo earns returns that do not match up to its cost of capital. The SECs Co-Director of the Division of Enforcement, Stephanie Avakian, stated earlier this year: Wells Fargo repeatedly misled investors, including through a misleading performance metric, about what it claimed to be the cornerstone of its Community Bank business model and its ability to grow revenue and earnings. 22, 2011: Order Directing Disbursement of Fair Fund: 34-63143: Oct. 21, 2010: Order Directing Disbursement of Fair Fund: 34-62475: Jul. Wells Fargo is making good on its promise to revamp its line of credit cards. You can also estimate how long it may take to get a return on your investment (ROI). Select Calculate to generate results. The fee can be avoided by maintaining a $300 daily balance. By Order dated May 21, 2020, the Commission appointed Rust Consulting, Inc. as the fund administrator for the Fair Fund ("Rust") and set the . Enter the estimated monthly amount of incremental expense you may incur as a result of the addition of this equipment. This amount is used to determine your deductibility for Traditional IRA or eligibility for Roth IRA contributions. Investors were led by lead plaintiff Union Asset Management Holding AG. As the settlement agreements with the DOJ recognize, Wells Fargo cooperated fully with the governments investigations. 1. Calculate your total personal and business debt to help you determine how much you can responsibly afford to borrow. The Tax Administrator will provide tax-related services for the Fair Fund. Securities-based lending has special risks and is not appropriate for everyone. Please note that self-generated documents such as a spreadsheet are not acceptable. You can also avoid the . In November 2018, Wells Fargo revised its estimate, announcing that the miscalculation actually affected 870 homes that were going through foreclosure between March 15, 2010, and April 30, 2018. Estimated percentage of incremental revenue your new equipment yields. The Fair Fund is part of the $3 billion settlement. In the Order, the Commission established a fair fund, pursuant to Section The Commission found that Wells Fargo violated Section 10(b) of the Exchange Act and Rule 10b-5 thereunder and ordered it to pay a $500 million civil money penalty to the Commission. a. Wells Fargo Practice Finance disclaims all warranties, express or implied, in connection with the Practice Management Group and Milestone programs. Get WEEKLY email ALERTS ON THE LATEST ISS INSIGHTS. Wells Fargo agreed to cease and desist from committing or causing any future violations of the antifraud provisions of the Exchange Act, and to pay a $500 million civil money penalty that will be deposited into a Fair Fund pursuant to Section 308(a) of the Sarbanes-Oxley Act of 2002 for distribution to harmed investors. The easiest Wells Fargo credit card to get is the Wells Fargo Business Secured Credit Card because applicants can get approved with bad credit. In November 2018, Wells Fargo revised its estimate, announcing that the miscalculation actually affected 870 homes that were going through foreclosure between March 15, 2010, and April 30, 2018. Out of the hundreds of corporate scandals that begot securities class action litigations and SEC sanctions, the Wells Fargo fake account scandal has to be one of the most fascinating. Apply when you're ready. Class Period: June 1, 2015 to . Wells Fargo's debt to revenue ratio for the quarter that ended in Sep. 2021 was 2.33. Advanced Post Certificate, You are leaving newsroom.wf.com and entering a website that Wells Fargo does not control. I had something very similar happen to me with a mutual fund company. wells fargo fair fund payout calculator (2023) wells fargo fair fund payout calculator (2023) Wells Fargo Cards; By Credit Score. The minimum hourly pay would range from $15 to $20 per hour depending on geographic area. Wells Fargo is making good on its promise to revamp its line of credit cards. Filing Deadline: January 1, 2100. In either circumstance, you should attach a copy of the death certificate and any legal documentation showing you are the executor/administrator or equivalent of the deceased. How to File a Claim: Class members can complete and submit an online Claim Form or obtain a physical Claim Form by visiting the Wells Fargo Fair Fund's website at www.WellsFargoFairFund.com. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, investment and mortgage products and services, as well as consumer and commercial finance, through 7,400 locations, more than 13,000 ATMs, the internet (wellsfargo.com) and mobile banking, and has offices in 32 countries and territories to support customers who conduct business in the global economy. Mei an pericula euripidis, hinc partem ei est. Over the past three years, weve made fundamental changes to our business model, compensation programs, leadership and governance. GuruFocus does not calculate Wells Fargo's interest coverage with the available data. Wells Fargo is required to send Form 1099 to a business that is paid by Wells Fargo for services performed, or for known compensation paid to a business. Cards for Excellent Credit . ET by Barron's. Contact your own legal, tax, or financial advisors regarding your specific business needs. See highlighted fields. The Fair Fund consists of the $500 million paid by the Respondent pursuant to the Order. You are excluded from participation in the Wells Fargo Fair Fund if you are an Excluded Party as defined in the Plan, including: The Respondent and any person who, at any point during the Recovery Period, served as: (1) a member of the Operating Committee of Respondent; (2) a member of the Cross Sell Steering Committee of Respondents Community Bank operating segment; (3) an Officer or Regional Bank Executive of Respondents Community Bank operating segment; (4) an Officer of the Respondent with responsibility for Community Bank audits, its Risk Management function or its filings with the Commission; (5) a member of Respondents Board of Directors; and (6) any legal representatives, nominees, assigns, creditors, heirs, distributees, spouses, parents, children, successors-in-interest, assigns, or controlled entities of the foregoing. Tools and Calculators - Wells Fargo Personal Customer Service Tools and Calculators Tools and Calculators Print Share Banking Loans and Credit Investing and Retirement through Wells Fargo Advisors Investment and Insurance Products are: Not Insured by the FDIC or Any Federal Government Agency Wells Fargo's Way2Save savings account has a $25 initial deposit requirement and has a $5 monthly service fee. Wells Fargo Fair Fund to Provide $500 Million to Investors Wells Fargo Settles with SEC over fake account scandal WRITTEN BY Dennis O'Toole Feb 24, 2020. If you're a firefighter, look into these 8 mortgage programs. The basic jist was that for every share you bought and held at earliest timeframe, e.g. The Wells Fargo fake accounts scandal will soon be over at least in terms of payouts to damaged shareholders. Wells Fargo Cards; By Credit Score. Find more 401 k calculators at Bankrate.com. "The likelihood of the regulatory restrictions on the . a. Complete the Form as if it is your Form; that is, provide your contact information, social security number and signature. Attorneys for Wells Fargo customers who sued over certain auto loan fees will receive an award of $23.1 million for their role in securing a nearly $500 million class settlement after a California . Chicken And Pepper Curry Jamie Oliver, your emergency fund should have enough money to pay for at least three months of . Total Interest Paid $852. WFC WACC % | Wells Fargo - GuruFocus.com Wells Fargo has agreed to the establishment of a $500 million Fair Fund for the benefit of investors who were harmed by the conduct covered in the agreement. The Fair Fund is part of the $3 . This means the odds of approval are good even with a credit score below 300. If you choose to file your Claim Form online, you must file on or before 11:59 p.m. Eastern Standard Time on June 25 , 2021. The majority of Wells Fargo credit cards, though, require good (700+) credit in order to qualify. I had sold shares a couple years earlier, and then there was a settlement for some mismanagement of the share values. Eligible Wells Fargo consumer accounts include deposit, loan, and credit accounts. You are excluded from participation in the Wells Fargo Fair Fund if you are an Excluded Party as defined in the Plan, including: We want to help you make more informed . Attorneys for Defendants Wells Fargo & Co. and Wells Fargo Bank, N.A. An annuity is an investment that provides a series of payments in exchange for an initial lump sum. Central board of excise and customs [CBEC] to be renamed central board of indirect taxes and customs (CBIC). Or . Wells Fargo has provided this link for your convenience, but does not endorse and is not responsible for the content, links, privacy policy, or security policy of this website. If you bought at inflated price and sold at inflated price at earliest timeframeyou have no loss. The Action alleged that Wells Fargo & Company ("Wells Fargo") and certain officers and directors of Wells Fargo violated the federal securities laws. Personal Loan Rate and Payment Calculator. But if these signs apply to you, it may be that you don't have a strong enough emergency fund to meet your needs. Availability may be affected by your mobile carrier's coverage area. If your credit limit is decreased, you'll get . Wells Fargo Bank, N.A. In February 2020, the lender agreed to pay a $3 billion fine after it was found . As of today (2021-11-22), Wells Fargo's share price is $48.82. found that Wells Fargo violated Section 10(b) of the Exchange Act and Rule 10b-5 thereunder. If your credit limit is decreased, you'll get . You are leaving wellsfargo.com and entering a website that Wells Fargo does not control. Adobe Reader isfree and is required to view and print documents on this site. 8, 2010: Order Directing Disbursement of Fair Fund: 34-60667: Sep. 14, 2009 24. Texas Brahmas Hockey Club, The agreement means a payout for any account holders affected by the scandal, all of whom were given about nine months to file for reimbursement. Wells Fargo had fully accrued for the amount of this settlement as of December 31, 2019. Pisces Woman In Bed With Scorpio Man, That includes: $385 million from Wells Fargo, plus another $1 million for certain customers; and $7.5 million from National General. The index is intended to measure the performance of all business development companies listed on the New York Stock Exchange ("NYSE"), NYSE AMEX or The Nasdaq Stock Market, Inc. ("NASDAQ") that satisfy specified market capitalization and other eligibility requirements. Your mobile carrier's message and data rates may apply. b. Company and Wells Fargo Bank, N.A. If the Net Available Fair Fund has sufficient funds, each Eligible Claimant will receive a Distribution Payment equal to the amount of his, her, or its Eligible Loss Amount less his, her, or its Prior Recovery. It will destroy value as it grows. Wells Fargo caused its 401 (k) plan to pay between $1,033 and $1,090 per share for stock, but designed the stock to convert to a set value of $1,000 when it was allocated to participants, the DOL said Monday. According to the Order, Wells Fargo, among other things, failed to disclose to investors that the Community Banks sales model had caused widespread unlawful and unethical sales practices misconduct that was at odds with its investor disclosures regarding needs-based selling, and that the publicly reported cross-sell metric included significant numbers of unused or unauthorized accounts. Payout Ratio 4: 11 . Member FDIC. THIS IS THE ONLY WEBSITE FOR THE WELLS FARGO FAIR FUND AUTHORIZED BY THE FUND ADMINISTRATOR AND APPROVED BY THE SEC STAFF. wells fargo fair fund payout calculator Posted at May 21, 2021 Wells Fargo Cards; By Credit Score. If you're eligible, you can contribute the lesser of 100% of earned income or up to $6,000 annually in 2020 and 2021, and if you're age 50 or older, within a particular tax year, you can make an additional catch-up contribution of $1,000 for a total of $7,000 annually for 2020 and 2021. Mathematically, it is represented as, Payout Ratio = Total Dividends / Net Income The payout ratio formula can also be expressed as dividends per share divided by earnings per share (EPS). harmed customers and calculate an amount of reimbursement to be paid to each customer. The tables below can help you determine whether your Traditional IRA contribution is deductible. Your eligibility to deduct is based on your Modified Adjusted Gross Income (MAGI) and whether you and if married, your spouse is covered1 by a workplace retirement plan (WRP), such as a 401(k), 403(b), SEP IRA, or SIMPLE IRA. It's also used by insurance underwriters to approve homeowners insurance policies. For a detailed description of how payments will be calculated, you should review the Plan of Allocation, paragraphs 35-47. You've saved an arbitrary amount of . Wells Fargo has paid more than $5 billion in fines, and the Fed's $1.95 trillion asset cap restricts the bank's growth. If you have nothing else, please send a copy of whatever you are using to fill in the transaction information on the Form. SEC.gov | Distributions in Commission Administrative How much will each person get from Wells Fargo settlement? , Why did I receive a $150 check from Wells Fargo? Therefore, participants in the 401(k) Plan and the Cash Balance Plan do NOT need to file a personal, separate claim in this matter for Wells Fargo & Company common stock shares held in their Plan accounts and do NOT need to request their Plan statements for the purpose of filing a claim. Or . If you don't enroll in autopay, interest rates range from 5.99% to 24.49%. Click to see full answer. Increase your monthly payment by. a. Estimated combined revenue increase and savings. Alvin Kamara Combine 40-yard Dash, The Wells Fargo & Company 401(k) Plan trustee intends to file a claim on behalf of the 401(k) Plan and the Cash Balance Plan for the benefit of participants impacted during the settlement period to recover from the Fair Fund. If you're eligible, you can contribute the lesser of 100% of earned income or up to $6,000 annually in 2020 and 2021, and if you're age 50 or older, within a particular tax year, you can make an additional catch-up contribution of $1,000 for a total of $7,000 annually for 2020 and 2021. Estimated number of months it will take for your investment to pay for itself. 1, now may be a great time to take care of your finances. Welcome to the Wells Fargo ERISA Fee Settlement Home Page. The basic jist was that for every share you bought and held at earliest timeframe, e.g. Because of the magnitude of this distribution, and subject to the Minimum Distribution Amount of $10.00, ninety percent (90%) of the Net Available Fund shall be distributed to Eligible Claimants whose Distribution Payment calculates to $10.00 or more. A married couple could transfer up to $150,000 out of their estate in one year. The length of time the specific product statements are available online can be found in Wells Fargo Online in Statements & Documents. To include your personal income and debt, continue below: Having adequate cash flow is essential to meet your financial obligations such as payroll, loan payments and other practice expenses. Get an estimate of monthly payments for a personal loan. Investment products and services are offered through Wells Fargo Advisors. Include your name and mailing address in the email along with a statement requesting confirmation that your form has been received. We call this "Pay What Is Fair" because this fee model is fair to you and because we're counting on you to be fair to us. Wells Fargo is paying $3.8 million to settle a class action alleging it obtained consumer reports for employment purposes without making the disclosures or meeting other requirements of the Fair Credit Reporting Act (FCRA). Wells Fargo & Co. analyst estimates, including WFC earnings per share estimates and analyst recommendations. The minimum hourly pay would range from $15 to $20 per hour depending on geographic area. Wells Fargo and National General combined will pay out at least $393.5 million, plus attorneys' fees, in the settlement. Enter the estimated monthly amount of additional savings you may receive as a result of the addition of the equipment. Plaintiffs allege that, during the Class Period ( i.e., February 26, 2014 through September 20, 2016, inclusive), defendants made misrepresentations and omissions about Wells Fargo's "cross . The length of time the specific product statements are available online can be found in Wells Fargo Online in Statements & Documents. Alternatively, your broker may be willing to provide a signed statement on his/her company letterhead, confirming your claims account transaction detail. He also agreed to never work in the banking industry again. While todays announcement is a significant step in bringing this chapter to a close, theres still more work we must do to rebuild the trust we lost. A few months ago I got a $2.44 class action settlement check from them. Wells Fargo Advisors is a trade name used by Wells Fargo Clearing Services, LLC (WFCS) and Wells Fargo Advisors Financial Network, LLC, Members SIPC, separate registered broker-dealers and non-bank affiliates of Wells Fargo & Company. Alienum phaedrum torquatos nec eu, vis detraxit periculis ex, nihil expetendis in mei. Coulterville Real Estate, The appraised value is generally similar to the FMV. is a banking affiliate of Wells Fargo & Company. Advertiser Disclosure. Apply when you're ready. The Commission found that Wells Fargo violated Section 10(b) of the Exchange Act and Rule 10b-5 thereunder and ordered it to pay a $500 million civil money penalty to the Commission. The settlement resolves. The Fair Fund currently holds approximately $502.7 million, comprised of the $500 million civil penalty paid by Wells Fargo and the $2.5 million civil penalty paid by Stumpf, plus accrued interest. Individuals at any age with earned income, and their nonworking spouse, if filing a joint tax return are eligible to contribute to a Roth IRA as long as their modified adjusted gross income (MAGI) meets the following limits: During the 2022 tax year, your Roth IRA contribution is phased out based on MAGI: During the 2023 tax year, your Roth IRA contribution is phased out based on MAGI: During the 2022 and 2023 tax year, you are married filing separately1: 1 Your filing status is considered single for IRA contribution purposes if you did not live with your spouse during the tax year. Want to pay down your debt more quickly? How Many Days Until Christmas 999999, polynomial function examples in real life, evan peters and halsey relationship timeline, interesting narrative of the life of olaudah equiano summary, 3 Side Hustles That Could Pay for Your Next Vacation. Retirement Professionals are registered representatives of and offer brokerage products through Wells Fargo Clearing Services, LLC (WFCS). This communication cannot be relied upon to avoid tax penalties. . 3 Your actual APR may be higher than the rate shown. 8:17-ML-2797-AG-KES. Mathematically, it is represented as, Notwithstanding the foregoing exclusions, no Investment Vehicle shall be an Excluded Party; Any respondent or defendant in related Commission litigation against whom an Order with Findings or Judgment finding liability has been entered and their legal representatives, nominees, assigns, creditors, heirs, distributees, spouses, parents, children, successors-in-interest, or controlled entities of the foregoing; The Fund Administrator, its employees, and those persons assisting the Fund Administrator in its role as Fund Administrator; and. ISS Securities Class Action Services will continue to keep its clients up-to-date on the $500 million Wells Fargo SEC settlement, including the claim filing requirements and deadline once publicly announced. By Jeff Lubitz, Executive Director, ISS Securities Class Action Services. Wells Fargo has agreed to the establishment of a $500 million Fair Fund for the benefit of investors who were harmed by the conduct covered in the agreement. 16-20500 Document: 00514117180 Page: 1 Date Filed: 08/15/2017. This settlement holds Wells Fargo responsible for its fraud and furthers the SECs goal of returning funds to harmed investors.. How can I find out what was purchased/can you tell me what was purchased? Tesla Just Launched a New EV. Gain confidence in your plan by making sure your numbers make sense. Wells Fargo has more information on its website about Allocation Plan payments. Today, Wells Fargo launched the Wells Fargo (Lux) Worldwide Fund in 2008, bringing investors worldwide the strength of its scale and collective expertise through a broad range of investment solutions. What is Wells Fargo & Company's dividend payout ratio? View the latest WFC stock quote and chart on MSN Money. The dividend payout ratio for WFC is: 38.22% based on the trailing year of earnings 24.95% based on this year's estimates 22.94% based on next year's estimates 22.90% based on cash flow 3/2/2023 MarketBeat.com Staff Best-in-Class Portfolio Monitoring Apply when you're ready. The claim deadline is June 25, 2021. In July 2017, Wells Fargo agreed to pay $142 million to its customers in a settlement over the 3.5 million potentially fake accounts the bank admitted to opening without their permission. Wells Fargo says the "error" affected 625 homes that were "in the foreclosure process between April 13, 2010, and October 20, 2015.". Wells Fargo has agreed to the establishment of a $500 million Fair Fund for the benefit of investors who were harmed by the conduct covered in the agreement. Conversely, a single Proof of Claim should be submitted on behalf of one legal entity including all transactions made by that entity, no matter how many separate accounts that entity has. Explore personal finance topics including credit cards, investments, identity . Such tools and calculators are provided with the understanding that Wells Fargo is not engaged in rendering legal, accounting, tax, or other professional advice. Wells Fargo & Co. et al., 3:15-cv-02159-VC (N.D. Allocation Plan (PDF) payments are being issued and mailed directly by Wells Fargo on a rolling basis. Those Who Purchased or Acquired Wells Fargo Common Stock, Traded on the New York Stock Exchange Under the Trading Symbol WFC (the "Security") During the Recovery Period (November 18, 2012 through . 24. 8, 2010: Order Directing Disbursement of Fair Fund: 34-60667: Sep. 14, 2009 Advertiser Disclosure. Wells Fargo & Co. (NYSE: WFC) has agreed to pay $3 billion in a settlement reached with the U.S. Department of Justice and the U.S. Securities and Exchange . What is acceptable documentation to submit with my Claim Form? 1.7. If you had a co-owner who has died, you may complete the Form. As of today (2021-11-22), Wells Fargo's share price is $48.82. Existing Wells Fargo IRAs Assistance with existing accounts including contributions, rollovers, and distributions Retirement Help and IRA Management, New IRAs and Rollovers Open an IRA or roll over a 401(k), 403(b), or governmental 457(b) plan to an IRA 1-877-493-4727 Mon Fri: 8:30 am 9:30 pm Eastern Time. Couple weeks later I got a class action settlement notification regarding the same thing. You can download a Proof of Claim Form here. 3-19704 (Feb. 21, 2020). Enhancement of the Community Banks processes for customer consent and stronger oversight and controls. 1, now may be a great time to take care of your finances. Federal judge Jon S. Tiger issued the final judgement approving this settlement on December 17, 2018. Let's imagine your . 3. And a separate administrative order that resolves the SECs civil investigation. All financing is subject to credit approval. this site is not operated by wells fargo & co. this settlement is pursuant to a plan of distribution approved by the u.s. securities and exchange commission. That said, your emergency fund is something you can always keep adding to, so if you don't save enough to cover leisure spending right away, you can add to your savings in time. You can also avoid the . Can I submit all of my account on one form or do I need a separate claim for each account? As reminder to the background, Wells Fargo executives were accused of providing pressure to its rank-and-file bank personnel to actively cross-sell products in an effort to boost sales and revenue (and meet new account quotas). Company and Wells Fargo Bank, N.A. Wells Fargo Securities Litigation c/o Epiq P.O. Wells Fargo & Company (NYSE: WFC) is a diversified, community-based financial services company with $1.9 trillion in assets. 2 and includes a relationship discount of 0.25%. It is a proprietary index of Wells Fargo Securities, LLC. How to File a Claim: Class members can complete and submit an online Claim Form or obtain a physical Claim Form by visiting the Wells Fargo Fair Fund's website at. The fee can be avoided by maintaining a $300 daily balance. THIS SITE IS NOT OPERATED BY WELLS FARGO & CO. Find out all the key statistics for Wells Fargo & Company (WFC), including valuation measures, fiscal year financial statistics, trading record, share statistics and more. PROOF OF CLAIM AND RELEASE FORM To be eligible to receive a share of the Net Settlement Fund in connection with the Settlement of this Action, you must complete and sign this Proof of Claim and Release Form ("Claim Form . Wells Fargo CPI Class Action Settlement. Wells Fargo Fair Fund to Provide $500 Million to Investors Wells Fargo Settles with SEC over fake account scandal WRITTEN BY Dennis O'Toole Feb 24, 2020. you lost $2.25 per share ($2.25Xshares=total $ you lost) depending on tableA&B timeframe. Wells Fargo was required to pay $100 million to the CFPB's Civil Penalty Fund, pay a $35 million civil penalty to the OCC, and a $50 million civil . You've saved an arbitrary amount of . Even before todays establishment of the Fair Fund, agreement to pay more than $500 million to customers and investors as remediation for harm that resulted from the historical Community Bank sales practices.
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