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Civil Litigation

Aug. 2, 2019

$68M attorney fees tiff stalls Wells Fargo settlement

A dispute over $68 million in attorney fees is stalling final approval of the landmark $240 million settlement Wells Fargo & Co. shareholders reached with the bank over the fraudulent creation of millions of fake accounts.

$68M attorney fees tiff stalls Wells Fargo settlement

SAN FRANCISCO -- A dispute over $68 million in attorney fees is stalling final approval of the landmark $240 million settlement Wells Fargo & Co. shareholders reached with the bank over the fraudulent creation of millions of fake accounts.

A federal judge said Thursday the attorneys who secured the second largest recovery in a shareholder lawsuit face an "uphill battle" in getting him to agree on certain issues that would ration...

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