February 09, 2026
A North Carolina federal judge has granted Wells Fargo Bank's motion to compel arbitration for claims alleging it overcharged military members with excessive rates and fees, and recommended a proposed class action be dismissed.
March 21, 2024
Wells Fargo was hit with a potential class action Wednesday alleging that the bank violated federal law and broke a program's promises by overcharging active duty military members in fees and interest while trying to hide the indiscretion.