Wells Fargo Reaches $33 Million Settlement for Class Members Affected by Consumer Billing Programs
In a noteworthy legal development, a global settlement amounting to $33 million has been established in two combined lawsuits against Wells Fargo & Company and Wells Fargo Bank, N.A. This settlement is particularly significant for consumers who have been enrolled in recurring billing programs for various consumer products since 2009. The litigation emerged from allegations that Wells Fargo facilitated deceptive practices by assisting entities known as the "Apex Entities," the "Triangle Entities," and the "Tarr Entities," which misled consumers into unapproved subscription services. These companies were accused of luring customers into monthly billing arrangements for products ranging from personal care items to health supplements, using deceptive marketing strategies.
Wells Fargo, while denying any wrongdoing and the claims put forth in the lawsuits, opted to settle the matter to avoid the potential costs and uncertainties associated with a drawn-out trial process. The agreement proposes that individuals who have previously participated in these ongoing billing programs may be eligible for reimbursement or financial compensation.
To determine if you qualify as a class member, you must have been part of the recurring billing practices engaged in by any of the mentioned entities between 2009 and the present. Those who have received payments from the Federal Trade Commission (FTC) related to earlier lawsuits against the Triangle or Apex Entities need not submit any additional claim forms to receive the settlement benefits.
In contrast, if you did not receive FTC refunds or were enrolled via a Tarr Entity, you will need to file a timely and valid Claim Form to access the settlement funds. Depending on your submission, claimants might be eligible for either a cash payment, documented loss compensation, or a flat cash payment of up to $20.
To participate in this settlement, Chicago-based claimants must submit their forms by March 4, 2026. If you can document your losses adequately, the compensation you receive will be based on the total documented loss—a proportionate share according to total claims filed. For those unable to furnish documentation, the process remains simpler: submit a certified Claim Form claiming up to $20 without needing receipts.
Consumers who do not wish to be part of the settlement can opt out by filing a formal exclusion request postmarked by March 5, 2026. Choosing to opt out enables individuals to retain their rights to pursue potential legal claims against Wells Fargo independently. If you remain within the class and wish to express any disagreements with the settlement, objections must also be submitted by the same deadline.
The class is represented by legal professionals from Glancy Prongay & Murray LLP, who will be requesting approval for their fees and expenses associated with the litigation. Participants have the option to hire personal legal counsel if they choose but are not obliged to do so. Those interested may also attend the Final Approval Hearing on March 26, 2026, scheduled to assess any objections related to the fairness of the settlement. The court will deliberate on the attorney fees and any service award proposals for class representatives at this meeting.
This settlement provides an essential opportunity for consumers potentially misled into unfavorable financial commitments through deceptive recurring billing practices. The process of claiming your due benefits is accessible, provided class members meet deadlines and prepare the necessary documentation. For more detailed information about the claims process, eligibility, and resources, visit www.FreeTrialRecurringBillingSettlement.com or call their toll-free number at 1-888-884-1172.
Wells Fargo, while denying any wrongdoing and the claims put forth in the lawsuits, opted to settle the matter to avoid the potential costs and uncertainties associated with a drawn-out trial process. The agreement proposes that individuals who have previously participated in these ongoing billing programs may be eligible for reimbursement or financial compensation.
Who Can Claim Settlement Benefits?
To determine if you qualify as a class member, you must have been part of the recurring billing practices engaged in by any of the mentioned entities between 2009 and the present. Those who have received payments from the Federal Trade Commission (FTC) related to earlier lawsuits against the Triangle or Apex Entities need not submit any additional claim forms to receive the settlement benefits.
In contrast, if you did not receive FTC refunds or were enrolled via a Tarr Entity, you will need to file a timely and valid Claim Form to access the settlement funds. Depending on your submission, claimants might be eligible for either a cash payment, documented loss compensation, or a flat cash payment of up to $20.
Claiming Your Settlement Benefits
To participate in this settlement, Chicago-based claimants must submit their forms by March 4, 2026. If you can document your losses adequately, the compensation you receive will be based on the total documented loss—a proportionate share according to total claims filed. For those unable to furnish documentation, the process remains simpler: submit a certified Claim Form claiming up to $20 without needing receipts.
Exclusions and Objections
Consumers who do not wish to be part of the settlement can opt out by filing a formal exclusion request postmarked by March 5, 2026. Choosing to opt out enables individuals to retain their rights to pursue potential legal claims against Wells Fargo independently. If you remain within the class and wish to express any disagreements with the settlement, objections must also be submitted by the same deadline.
Legal Representation
The class is represented by legal professionals from Glancy Prongay & Murray LLP, who will be requesting approval for their fees and expenses associated with the litigation. Participants have the option to hire personal legal counsel if they choose but are not obliged to do so. Those interested may also attend the Final Approval Hearing on March 26, 2026, scheduled to assess any objections related to the fairness of the settlement. The court will deliberate on the attorney fees and any service award proposals for class representatives at this meeting.
Conclusion
This settlement provides an essential opportunity for consumers potentially misled into unfavorable financial commitments through deceptive recurring billing practices. The process of claiming your due benefits is accessible, provided class members meet deadlines and prepare the necessary documentation. For more detailed information about the claims process, eligibility, and resources, visit www.FreeTrialRecurringBillingSettlement.com or call their toll-free number at 1-888-884-1172.
Topics Consumer Products & Retail）
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