Get Started Now! Get Your Credit Repair Do It Yourself!!

Wells Fargo Issues Reminder About Feb. 3 Deadline to File Claims in Class-Action Settlement for Retail Sales Practices

New IdentityTheft Scam

SAN FRANCISCO–()–With the deadline to file approaching, Wells Fargo & Company (NYSE: WFC)
today is issuing a reminder that in order to participate in the class-action
settlement agreement
concerning improper retail sales practices (Jabbari
v. Wells Fargo & Co., et al.
) eligible current and former
customers must submit claims online or by mail by Feb. 3, 2018. Claim
forms are available online at www.WFSettlement.com,
or by calling 866-431-8549.

The broad and far-reaching $142 million settlement agreement sets aside
funds for customer remediation. The settlement class will consist of all
persons who claim that Wells Fargo opened, without their consent, a
consumer or small business checking or savings account or an unsecured
credit card or line of credit or enrolled them, under certain
circumstances, in Identity Theft Protection services, in each case
between May 1, 2002, and April 20, 2017.

The settlement agreement is among the significant steps Wells Fargo is
taking to make things right for customers who may have been affected by
unacceptable retail sales practices. The company also is conducting
broad outreach and working directly with customers to resolve issues
through a complaints process and free mediation services. In addition,
last year Wells Fargo completed
an expanded third-party review
of retail banking accounts dating to
January 2009 to determine potentially unauthorized accounts and is
providing refunds and credits to those that incurred fees and charges.

For customers who believe they had an unauthorized account or service
opened in their name, regardless of when the issue occurred, Wells Fargo
has a dedicated hotline: 877-924-8697. Wells Fargo also has established
an online resource center at wellsfargo.com/commitment
providing the latest information on this issue.

The settlement agreement is subject to final court approval, which will
be required before payments are made to class members. The U.S. District
Court for the Northern District of California is scheduled to hold a
hearing on March 22, 2018, to consider whether to grant final approval
of the settlement.

About Wells Fargo

Wells Fargo & Company (NYSE: WFC) is a diversified, community-based
financial services company with $1.9 trillion in assets. Wells Fargo’s
vision is to satisfy our customers’ financial needs and help them
succeed financially. Founded in 1852 and headquartered in San Francisco,
Wells Fargo provides banking, investments, mortgage, and consumer and
commercial finance through more than 8,300 locations, 13,000 ATMs, the
internet (wellsfargo.com) and mobile banking, and has offices in 42
countries and territories to support customers who conduct business in
the global economy. With approximately 263,000 team members, Wells Fargo
serves one in three households in the United States. Wells Fargo &
Company was ranked No. 25 on Fortune’s 2017 rankings of America’s
largest corporations. News, insights and perspectives from Wells Fargo
are also available at Wells
Fargo Stories
.

Source: on 2018-01-22 10:56:15

Read More At Source Site

Add a Comment

Your email address will not be published. Required fields are marked *

+ 65 = 68