It never ends.
https://finance.yahoo.com/news/wells-fargo-1-billion-settlement-180936556.html
excerpts:
(Bloomberg) -- Wells Fargo & Co.’s $1 billion settlement of a shareholder lawsuit over unauthorized customer accounts was approved by a federal judge, bringing the total amount the bank has agreed to pay to resolve claims over the scandal to nearly $5 billion.
The deal resolves claims filed in 2020 alleging that former Chief Executive Officer Tim Sloan and other bank executives made misleading statements to investors, the media and Congress that presented an overly optimistic picture of the company’s interactions with regulators after a 2016 scandal over the accounts.The deal resolves claims filed in 2020 alleging that former Chief Executive Officer Tim Sloan and other bank executives made misleading statements to investors, the media and Congress that presented an overly optimistic picture of the company’s interactions with regulators after a 2016 scandal over the accounts.