Another Flogging for Wells Fargo

NEWS BRIEF Wells Fargo has agreed to paid more than $4 million in a settlement after federal investigators found the bank illegally repossessed 413 cars owned by American servicemembers over the last seven years. The Justice Department announced the agreement Thursday, alleging Wells Fargo violated the Servicemembers Civil Relief Act, which gives certain legal protections to members of the military. The settlement comes after a yearlong investigation. According to investigators : Wells Fargo had repossessed Army National Guardsman Dennis Singleton's used car in Hendersonville, North Carolina, ......(read more)

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