Wells Fargo (NYSE:WFC)
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--Wells Fargo & Co. (WFC) will pay $6.5 million to the Navajo Nation to settle a 2017 lawsuit that alleged "predatory" sales tactics, Reuters reported Thursday.
--Navajo Nation President Jonathan Nez said the settlement "puts other companies on notice that harmful business practices against the Navajo people will not be tolerated," Reuters reported.
--Wells Fargo said the settlement demonstrates its "commitment to make things right regarding past sales practices issues," the report said.
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(END) Dow Jones Newswires
August 22, 2019 13:57 ET (17:57 GMT)
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