Wilmington Trust Corporation Reaches Settlement with United States Attorney’s Office
10 October 2017
Under the terms of the agreement, Wilmington Trust Corporation is paying $60 million and settling the government’s claims. The settlement amount includes $16 million previously paid to the U.S. Securities and Exchange Commission in a related action. Wilmington Trust did not admit any liability.
Wilmington Trust believes resolving this matter now is in the best interest of the company.