Wells Fargo Class Action Settlement 2024 Settlement Amount. Millions of wells fargo customers are in line for relief money after the government found the banking giant violated a host of federal consumer laws between 2011 and 2022. Due to this problem, wells fargo bank has agreed to make the $1 billion settlement and provide compensation amount to clients.

Wells fargo has agreed to pay a total of $3.7 billion in this class action settlement. This includes $1.7 billion as a civil penalty and $2 billion allocated for affected consumers.