Wells Fargo & Company (WFC) Alert: Shareholder Rights Law Firm Johnson & Weaver, LLP is Investigating Wells Fargo & Company for Unauthorized Account Creation; Encourages Investors to Conta

Freitag, 23.09.2016 19:40 von

PR Newswire

SAN DIEGO, Sept. 23, 2016 /PRNewswire/ -- Shareholder rights law firm Johnson & Weaver, LLP's is investigating whether certain officers and directors of Wells Fargo & Company (NYSE: WFC) violated federal securities laws. Wells Fargo provides retail, commercial and corporate banking services to individuals, businesses and institutions.

Johnson & Weaver LLP (PRNewsFoto/Johnson & Weaver LLP)

On September 7, 2016, it was disclosed that the Consumer Financial Protection Bureau had fined Wells Fargo $100 million for secretly opening over 2 million unauthorized deposit and credit card accounts since 2011.  On September 14, 2016, Reuters reported that the U.S. Attorney's Offices for the Southern District of New York and the Northern District of California were investigating the Company. Then on September 16, 2016, The House of Representatives Financial Services Committee announced it was seeking interviews with several bank executives in the wake of revelations that the bank employed thousands of staffers who created fake accounts in order to meet performance goals.

If you are a Wells Fargo shareholder and are interested in learning more about the investigation or your legal rights and remedies, please contact Jim Baker (jimb@johnsonandweaver.com) at 619-814-4471. If you email, please include your phone number.

Johnson & Weaver, LLP is a nationally recognized shareholder rights law firm with offices in California, New York and Georgia. The firm represents individual and institutional investors in shareholder derivative and securities class action lawsuits. For more information about the firm and its attorneys, please visit http://www.johnsonandweaver.com. Attorney advertising. Past results do not guarantee future outcomes.


Johnson & Weaver, LLP
Jim Baker, 619-814-4471

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SOURCE Johnson & Weaver, LLP