Maryland A.G. Frosh Announces $20 Million Settlement With Wells Fargo
June 18, 2020
June 18, 2020
BALTIMORE, Maryland, June 18 -- Maryland Attorney General Brian E. Frosh issued the following news release:
Maryland Attorney General Brian E. Frosh announced that his Securities Division entered into a $20 million settlement with Wells Fargo & Company. The Consent Order resolves financial crisis-era claims that Wells Fargo misled investors in its issuance of residential mortgage-backed securities (RMBS). The $20 million settlement is the largest reached by a state for Wells Far . . .
Maryland Attorney General Brian E. Frosh announced that his Securities Division entered into a $20 million settlement with Wells Fargo & Company. The Consent Order resolves financial crisis-era claims that Wells Fargo misled investors in its issuance of residential mortgage-backed securities (RMBS). The $20 million settlement is the largest reached by a state for Wells Far . . .