Wells Fargo call recording settlement payout will soon be released to the valid claimants from the $19.5 million settlement fund. Final approval was granted on 20 May 2025, and now the claimants are waiting for the payout. If you have filed the claim, here you can find the expected payout date, payout, and other details.
The lawsuit against The Credit Wholesale Company, offering services on behalf of the Wells Fargo Bank, claims the company has recorded the phone calls without the recipient’s consent. The call recording violated the California Invasion of Privacy Act Sections 632 and 632.7.
The affected people who submitted the claim form before the claim deadline, 11 April 2025, can expect the payout of up to $5000 for each call. The business and California residents who were affected and filed the claim can check the settlement status.Â
When can you expect the Wells Fargo Call Recording Settlement payout?
The Wells Fargo call recording settlement claim deadline was 11 April 2025, and it got the final approval on 20 May 2025. Generally, the settlement administrator takes time to review and process the payout.Â
The settlement administration typically takes around three to six months to review and process; however, it can be delayed further if someone appeals against the settlement. Although there is no information on any appeal filed against the Wells Fargo settlement, we can find the payment in November 2025.
Who will receive the Wells Fargo Call Recording Settlement?
As per the settlement agreement, the business and individuals receive the settlement payout and can file the claim form if they meet the following conditions:
- The California residents and all the businesses that received the telephone call from the Credit Wholesale Company during the class period, 22 October 2014, and 17 November 2023.Â
How much will you receive under the Wells Fargo Call Recording Settlement?
According to the settlement, the defendants Wells Fargo Bank, The Credit Wholesale, and other companies will pay a settlement fund of $19.5 million. The fund will be used to pay compensation to the eligible class members, whereas the defendants will also pay $200,000 for administration costs.
Based on the settlement agreement, the eligible class members who received the call and whose call was recorded will receive the payout based on the number of calls they received. The agreement states that the minimum payment for the call is $86.
The maximum payment any class member could receive is up to $5000 for each call, depending on the number of claims, number of calls, etc. Apart from the monetary relief, the defendant Wholesale has said they will not record the calls unless they disclose the recipients about the recording.
How to check your Wells Fargo Call Recording Settlement claim status?
If you had claimed the Wells Fargo Call recording settlement, you can check its status and see whether you will receive the payout or not through the following methods:
- Mail: You can mail your query about the Wells Fargo Call recording settlement by sending the mail to the following address:
- Aguilar Auto Repair et al. v. Wells Fargo Bank, N.A., et al. Settlement administrator
- PO Box 301132
- Los Angeles, CA 90030-1132
- Call: You can also call the Wells Fargo settlement administrator helpline number at 1888-733-1544.
- Email: Or you can write an email to the settlement administrator at the email address [email protected]Â
When do you have to file the Form W-9?
Under the Wells Fargo call recording settlement, the class members have to file the Form W-9 if their payment is above $600. After the court approval, the settlement administrator will review and calculate your payment, and if it comes above $600, you will be informed to file the W-9 form.
Only when you file the Form W-9 on the settlement website, either by mail or online, will you receive the payment above $600. The Form W-9 is available on the official website, which you can submit by logging in with your claim ID and PIN.
The Wells Fargo call recording settlement class members should check if they need to file this form and submit it timely to receive their payout, and if your payment is less than $600, you do not have to worry about this form.
It’s been months since the Wells Fargo call recording settlement was finalized, and now the payment can be processed anytime soon, so be prepared and keep an eye on your mail or bank account.
Disclaimer: Wells Fargo Call Recording Settlement details are for informational purposes only. Check the official settlement site for eligibility and payout updates.
