Wells Fargo & Co. has agreed to pay an $85 million settlement to resolve a class-action lawsuit accusing the banking giant of staging fake job interviews with minority and female candidates to bolster its diversity statistics rather than genuinely hiring diverse talent. The case, filed by SEB Investment Management on behalf of shareholders, alleged that…
New York Attorney General Letitia James has filed a lawsuit against Early Warning Services, LLC (EWS), the company behind Zelle, alleging that the platform was designed without sufficient safeguards to protect consumers from widespread fraud. The lawsuit, filed on August 13, 2025, claims that Zelle users collectively lost more than $1 billion between 2017 and…