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Civil Litigation

Apr. 9, 2019

Wells Fargo settles auto insurance class action for $390 million

The settlement does not include attorney fees for co-lead counsel at Robins Kaplan LLP and Baron & Budd, P.C.

SANTA ANA -- Wells Fargo & Co. and National General Insurance will pay $390 million to settle multi-district litigation related to a decade-long scheme that saddled customers with unwanted auto insurance policies, ending nearly 18 months of negotiation with a veteran mediator.

Attorneys announced the agreement in a status conference Monday with U.S. District Judge And...