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Tech companies probably won’t follow S&P’s new Snap-inspired rules

When the company that produces the Standard & Poor’s 500-stock index announced last month that it would exclude the corporate parent of Snapchat from its benchmark market measure, the move was cheered by advocates of [Read entire story]

Wells Fargo hit with class-action suit over mortgage rate-lock fees

Wells Fargo & Co. is facing another class-action lawsuit, this time alleging that it bilked home loan borrowers by charging them extra fees when their applications were delayed — even when it was the bank’s fault. [Read entire story]

Wells Fargo stuck mortgage borrowers with extra fees, suit says

A former Wells Fargo mortgage banker who worked in Beverly Hills alleged in a lawsuit this week that the bank falsified records so it could blame delays on borrowers — and that it fired him for trying to report the [Read entire story]

Wells Fargo increases settlement to $142 million

Wells Fargo & Co. has agreed to boost its payout in a class-action settlement over unauthorized accounts to $142 million, up from the $110 million it announced just three weeks ago, according to documents filed late [Read entire story]