Wells Fargo reaches settlement over RICO case
Wells Fargo has reportedly agreed to pay $25.7m to settle a punitive RICO class action, which had accused the bank of ordering unnecessary property inspections and charging delinquent borrower; the settlement is now dependent on gaining the approval of an Iowa federal court. 

By Hannah Sheehan (December 10, 2015, 4:47 PM EST) -- A group of homeowners has asked an Iowa federal court to approve a $25.7 million settlement of a putative RICO class action accusing Wells Fargo of ordering unnecessary property inspections and charging delinquent borrowers, calling the agreement fair, reasonable and adequate....

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