Both sides of Wells Fargo & Co.’s $142 million settlement over its fake-accounts scandal made last-ditch efforts to salvage the class-action pact after a federal judge voiced misgivings about some of its terms.
Lawyers for the bank and customers submitted new information late Wednesday in an attempt to address U.S District Judge Vince Chhabria’s concerns that the deal shortchanges consumers and gives the lender protection from other legal claims.
