Wells Fargo Reaches Settlement in Robocall Case

Wells Fargo & Co.’s banking subsidiary has agreed to settle allegations that it violated federal law on telephone calls made in connection with home loans.

A class action lawsuit filed against Wells Fargo Bank, N.A., alleges that it called, or sent non-emergency texts to, cellphones without prior express consent.

The calls were reportedly made by the financial institution utilizing an automatic telephone dialing system or using artificial or prerecorded voice technology.


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From:: Financing

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