Wachovia Corp. has agreed to pay $200 million to settle class-action claims that the bank turned a blind eye to unscrupulous telemarketers who preyed on elderly consumers. The settlement covers all class members who lost money because of the scheme between June 2003 and February 2006. Earlier this year, Wachovia also agreed to pay $125 million in restitution to resolve an investigation into related allegations by the Office of the Comptroller of the Currency.