Wells Fargo CEO 'pleased' with preliminary approval of $142 million class-action settlement

(Reuters) - Wells Fargo & Co president and chief executive Tim Sloan said the company is pleased a California judge has given preliminary approval to a $142 million settlement between Wells Fargo and a group of plaintiffs over its creation of false accounts.

Wells Fargo CEO 'pleased' with preliminary approval of $142 million class-action settlement
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