SAN FRANCISCO (AP) – Lawyers suing Wells Fargo on behalf of customers say the bank may have opened about 3.5 million unauthorized accounts.
That’s far more than the about 2 million possibly unauthorized accounts than the bank and regulators disclosed last year
In a court filing late Thursday, lawyers representing customers told a federal judge in San Francisco that they believe bank workers created 3.5 million unauthorized accounts over the last 15 years.
A bank spokesman said the lawyers’ new estimation was unverified and based on a hypothetical scenario. The bank declined further comment.
The lawyers including the new estimate in a court filing asking a judge to approve a $142 million settlement.
Last month, the bank said it discovered the problem dated back to 2002 and increased the settlement amount from $110 million.
More stories you may like on 7News
The Duke and Duchess of Cambridge say their third child will be due in April.
According to the travel site, Asheville, NC and Gatlinburg, TN are great places to enjoy the great outdoors while also having the convenienc…
Fired for texting a stripper he arrested, a Pinellas County deputy is out of his job and is disputing the sheriff’s version of the story tha…
It was a triple surprise reunion on Monday for the family of a Knox County soldier.
A suspect in a double shooting has been arrested after he allegedly led deputies on a chase and rammed an officer’s patrol vehicle.