Play Live Radio
Next Up:
0:00
0:00
0:00 0:00
Available On Air Stations
Donate today to support the journalism you rely on!

N.H. To Get $1.2 M From Wells Fargo Settlement

 

New Hampshire stands to get about $1.2 million as part of a national settlement with Wells Fargo Bank.

Attorney General Gordon MacDonald says Wells Fargo has agreed to pay a total of $575 million to resolve claims that it violated state consumer protection laws by, among other things, opening millions of unauthorized accounts and enrolling customers into online banking services without their knowledge.

[New Year Brings New Alimony Law in New Hampshire]

The settlement also requires Wells Fargo to create a program through which consumers can seek further review of their complaints.

Wells Fargo previously agreed to pay more than $1 billion in civil penalties to the federal government as a result of previous consent orders with federal authorities and a related class-action lawsuit.

 

Related Content

You make NHPR possible.

NHPR is nonprofit and independent. We rely on readers like you to support the local, national, and international coverage on this website. Your support makes this news available to everyone.

Give today. A monthly donation of $5 makes a real difference.