Wells Fargo 3.7 Billion Settlement 2025 Update. Reached a $3.7 billion settlement with federal regulators, including a record $1.7 billion fine, to cover allegations that for years it mistreated millions of customers,. Wells fargo agrees to $3.7 billion federal settlement for an array of alleged consumer abuses the settlement includes $2 billion in restitution and a $1.7 billion civil penalty.

Consumer financial protection bureau hit wells fargo & co with the watchdog’s largest ever civil penalty on tuesday as part of a $3.7 billion agreement to settle. Wells fargo has agreed to a $3.7 billion settlement with the consumer financial protection bureau (cfpb) to resolve accusations of consumer abuses.