Wells Fargo (WFC), U.S. DOJ Enter Settlement Over Repossessing Servicemembers' Cars

September 29, 2016 3:16 PM EDT

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Wells Fargo (NYSE: WFC) Dealer Services and the U.S. Dept. of Justice have reached a settlement today over allegations of illegally repossessing servicemembers ' cars.

According to Bloomberg, Wells Fargo will pay a $60,000 civil penalty to the U.S. and will also pay $10,000 to each affected servicemembers.

The DOJ says 413 cars owned by servicemembers were affected.

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Tell my story please.
Blu Loony on 2016-09-29 15:27:15
Mark as Spam | Reply to this comment

Please investigate my plight with Wells Fargo wholeheartedly.


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