Wells Fargo pays $96M to settle LO comp lawsuit
Housing Wire
MARCH 26, 2021
The lawsuit, which combined two legal actions that were designated a class action, was filed on behalf of 5,377 loan officers and other mortgage staffers employed by the bank in California from 2013 and 2019. Attorney General in December 2018 brought the total settlement cost to $3 billion. Wells Fargo agreed to pay $95.7
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