Wells Fargo $142 Million Settlement Status 2024. The court ruled that the settlement, which covers. A federal judge granted preliminary approval over the weekend for wells fargo’s $142 million national class action settlement.

The $480 million shareholder deal follows a separate $142 million settlement with bank customers who had phony accounts opened in their names, often resulting in fees, from 2002 to 2017. District judge vince chhabria granted preliminary approval to the settlement friday after wells fargo agreed to kick in extra cash beyond $142 million if the deal fails to.