Wells Fargo Reaches Settlement In 38 Studios Case

(Providence, RI)--Wells Fargo is agreeing to a settlement with the Securities and Exchange Commission over the failed 38 Studios project.Filings in federal court in Providence on Monday indicate Wells Fargo Securities will pay over 800-thousand dollars for a civil penalty to settle charges related to the state financing of the video game company.Wells Fargo does not have to admit or deny any fault as part of the agreement.


Sponsored Content

Sponsored Content