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News for Norther Colorado and the world

Tuesday, July 16, 2024

Posts Tagged ‘Bid-Rigging’

Multi-million multi-state settlement with Wells Fargo

Attorney General announces $58.75 million multi-state settlement with Wells Fargo to resolve bid-rigging allegations DENVER — Colorado Attorney General John Suthers announced today a $58.75 million multistate settlement with Wells Fargo to settle allegations that individuals working at Wachovia, which Wells Fargo acquired in 2008, engaged in anticompetitive conduct in the municipal bond derivatives industry. The settlement is one component of a $148 million coordinated state and federal law ... Full Story