🔹 Class Action Settlement for Californians:
Residents of California may be eligible to receive up to $5,000 from a $19.5 million class-action settlement involving Wells Fargo and The Credit Wholesale Co. Inc., due to unauthorized recording of phone calls.
🔹 Reason Behind the Compensation:
The lawsuit claims that Wells Fargo and its vendor recorded consumer phone calls without prior consent, violating California’s strict privacy laws. Though both companies deny wrongdoing, they agreed to settle the case out of court.
🔹 Who is Eligible to Claim?
You may qualify if:
- You are a California resident,
- You received a call from Wells Fargo or The Credit Wholesale Co. Inc.
- The call was made between February 2021 and March 2023,
- Your call was recorded without your permission.
Even if you didn’t answer the call, you may still be eligible if your number was involved.
🔹 Maximum Settlement Amount:
Eligible individuals may receive up to $5,000, but the final amount will vary depending on how many people file claims. Fewer claimants may lead to higher payouts per person.
🔹 How to File a Claim:
You must complete an online claim form on the official website. Provide basic details like your name, address, the phone number that received the call, and your email.
🔹 Claim Review and Payment:
Your information will be verified by the Settlement Administrator. After approval, you can choose to receive the payment via direct deposit, paper check, or digital wallet.
🔹 Deadline to Apply:
The last date to file your claim may be September 30, 2025. However, always check the official settlement website for updated deadlines and instructions.
🔹 Required Documentation:
To support your claim, you may need:
- A California ID or driver’s license,
- The phone number that received the recorded call,
- (Optional) Call logs or proof of communication—helpful but not mandatory.
🔹 Legal Representation Not Required:
You don’t need a lawyer to file. A class-action attorney has already been assigned to the case. However, you can hire your own lawyer if you choose.
🔹 Why This Matters:
This case emphasizes that violations of privacy laws can lead to real consequences. It’s also a reminder for consumers to protect their privacy and stay informed about their legal rights.
