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BRIEF-Wells Fargo expands class-action settlement for retail sales practices

April 21 Wells Fargo & Co:

* Wells Fargo expands class-action settlement for retail sales practices to $142 million, adds accounts as early as May 2002

* Wells Fargo & Co - updated settlement will add $32 million to previous agreement for a total settlement amount of $142 million.

* Says company is working directly with customers to resolve issues through its complaints process

* Wells Fargo & Co - expects this settlement to resolve claims in 11 other pending class actions

* Wells Fargo - if co is unable to resolve issues directly, customers who believe they got product or service they did not want offered a free mediation service

* Wells Fargo - expects to resolve claims that unauthorized accounts were opened in customers' names or customers were enrolled in products without consent Source text for Eikon: Further company coverage:

我们的标准: 汤森路透“信任原则

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