Home>Topics>>Wells Fargo doesn't have to pay clients $203 million: court

Wells Fargo doesn't have to pay clients $203 million: court

Reuters: Business News

Wed, 26 Dec 2012

SAN FRANCISCO (Reuters) - A U.S. appeals court vacated an injunction and a $203 million restitution order against Wells Fargo & Co in consumer litigation over the bank's overdraft policies, according to a ruling issued on Wednesday.

Related Topics:

  1. Wells Fargo Bank

Related Videos

  1. Wells Fargo Succeeds by Keeping It Simple

    Thu, 30 Sep 2010

    Wells Fargo does a good job of executing the old banking mantra: pay depositors 3%, lend at 6%, and be on the golf course by 3 p.m.

  2. Dorsey: Two Simple Reasons to Own Wells Fargo

    Fri, 20 Aug 2010

    Two advantages and a compelling valuation make this bank worth holding, says Morningstar's director of equity research.

  3. Meantime Could Be Lean Time for Wells Fargo Stock

    Fri, 4 Dec 2009

    T2 Partners' founder and 'Mortgage Meltdown' author Whitney Tilson says Wells Fargo could be worth $60 per share, but the road just ahead will be rocky.

  4. Wells Has Great Dividend Potential

    Fri, 18 Dec 2009

    Josh Peters thinks Wells Fargo will use its earnings power to greatly expand its dividend now that it has paid back its TARP funds.

Content Partners