Wells Fargo Bank has been hit with a proposed class action in Camden federal court on behalf of customers who had additional accounts opened in their name without authorization.
The suit seeks to recover on behalf of Wells Fargo customers nationwide who had unauthorized bank accounts, credit cards or other banking “solutions” opened in their names. The company’s practices came to light in September, when it fired 5,300 employees who were involved in the scandal, which stems from an incentive program that encourages the creation of new accounts. Ultimately the scandal led to the resignation of chief executive officer John Stumpf.
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