For some consumers taken advantage of by one of the nation's biggest banks, Monday is the last day to decline a slice of a big class-action settlement pie.
Wells Fargo customers have until May 14 to opt out of a $142 million settlement. This deadline applies to folks who had unauthorized accounts opened in their name and received a notice saying they have until May to opt out.
The bank, which is busy trying to repair its image, has repeatedly found itself in hot water in recent months. In April, it was fined by federal regulators. And earlier this month, Wells Fargo agreed to pay up following allegations that it failed to promptly disclose details about the fake accounts scandal to investors. According to a class-action lawsuit filed in federal court, its stock was trading at "artificially inflated prices."
If you believe you were a victim of the incident involving fake accounts, visit wfsettlement.com to file a claim or ask to be excluded from the settlement. You'll have to wait to receive your cut, but there are steps you can take now, like checking your credit report.