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Wells Fargo
Wells Fargo agreed to pay $1 million to settle claims it failed to comply with COBRA notice requirements for health plan participants.
ClosedUnited States-wideClaim status: Closed on March 3, 2024Payout: $20No longer claimable
About this settlement
Alleged failure to comply with COBRA notice requirements for Wells Fargo health plan participants.
This settlement resolves claims that Wells Fargo failed to properly notify health plan participants of their COBRA continuation coverage rights between 2018 and 2021. Eligible participants who received such notices but did not elect coverage may receive a $20 payment.
Who qualifies
- Participants and beneficiaries of the Wells Fargo & Co. Health Plan.
- Received a COBRA notice between May 3, 2018 and Dec. 23, 2021.
- Did not elect COBRA coverage.
$20
Claim status: Closed on March 3, 2024