Ex-employee here . Left last year. Just received a bizarre check from Wells for $2 (yes two dollars) for a settlement on ERISA . Case: 020-cv-02016.
Check out: wellsfargoerisaswttlwment.com
Why did they spend more than $5 each to send out a $2 check. Why not give it to the same minority communities and others they have screwed over the years ?
Mine was $39
Yes, I receive one every two weeks.
I received a little over $900. The thing is though, the investment options still suck and haven't been changed.
Mine was $62
Mine was $50.00.
Yes, it was a class action, Beckett Al b. Wells Fargo. It is an ERISA settlement. Apparently Becker sued Wells Fargo due to poor retirement plan investments. I received a whopping $6.78. Class actions are a complete waste of time, only the attorneys make money.