Wells Fargo is shelling out money for yet another multi-million dollar fine.
On Monday, the New York Attorney General said the bank agreed to pay $65 million for misleading investors. The problems centered around the fake accounts Wells Fargo employees opened to try to reach "unrealistic" sales goals set by the company.
The bank already paid $185 million federal fine for the fake accounts, and it settled a class action lawsuit for $480 million.
But this new settlement only covers the "misleading investors" part of the problem. The New York AG said an investigation into the bank's "illegal business practices" is still ongoing.
