December 09, 2021
Wells Fargo will pay $95.7 million to thousands of mortgage consultants who say Wells Fargo violated California law governing meal breaks, after a California federal judge approved the settlement despite an objector's bid to halt the deal.
September 23, 2021
An objector urged a California federal judge Thursday to throw out Wells Fargo's aggregated $95.7 million deal to resolve multiple class actions claiming it stiffed thousands of mortgage consultants' wages, arguing that the deal unfairly claws back $25.7 million already awarded to some class members and dilutes their recovery.
March 18, 2021
A California federal judge said Thursday she'll preliminarily approve Wells Fargo's $95.7 million deal to resolve certified class claims that the bank stiffed thousands of mortgage consultants' wages, but told class counsel "nothing" about their $31.9 million attorney fees request "looks reasonable to me."
February 26, 2021
Wells Fargo has agreed to pay an additional $70 million to resolve claims from thousands of mortgage consultants alleging the bank stiffed them by clawing back hourly wages and vacation time from their earned sales commissions, adding to the $25 million it has already paid, the workers told a California federal judge Friday.