Wells Fargo Unauthorized Accounts Settlement

Settlement Structure: Claims Made

Active: Closed

Closed Settlement Statement:

According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.

Case Summary:

Wells Fargo has agreed to settle a class action alleging that its employees had opened checking or savings accounts, credit cards, or lines of credit or submitted applications for these things in the names of customers without the customers’ authorization.

Docket Number:

3:15-cv-02159-VC

Company: Wells Fargo

Filing Deadline: February 3, 2018

Class Period: May 1, 2002 to April 20, 2017

Objection Deadline: December 5, 2017

Exclusion Deadline: December 5, 2017

Final Approval Hearing: January 4, 2018

Proof of Purchase:

Maybe; most class members have been identified from Wells Fargo’s records.

Eligibility:

You may be eligible if, between May 1, 2002 and April 20, 2017,

  • Wells Fargo opened a checking or savings account, credit card, or line of credit, or applied for one, in your name, without your consent, OR
  • You obtained Identity Theft Protection from Wells Fargo.
Typical Settlement Amount:

Varies. Class members may receive three kinds of compensation: (1) Fee reimbursement, for accounts opened between May 1, 2002 and April 20, 2017, for accounts not used; (2) Credit Impact Damages, if you paid higher interest rates because your credit scores were damaged by the unauthorized accounts; and (3) Additional Compensation, if money remains after other claims have been settled, based on the

Total Settlement Amount: $142 Million

Class Representative Proposed Incentive Fee:

$5,000

Law Firm:
Keller Rohrback

Claim Form: Wells Fargo Unauthorized Account Settlement Registration Form

Case Name: Jabbari, et al. v. Wells Fargo & Co. et al.

Settlement Website: Wells Fargo Unauthorized Account Settlement Website

Claims Administrator:
Rust Consulting

Claims Administrator Contact Information:

Wells Fargo Unauthorized Accounts Settlement
c/o Rust Consulting
P.O. Box 2594
Faribault, MN 55021-9594
1-866-431-8549

Tags: Credit Cards, Credit Line, Unauthorized Accounts, Your Bank