According to the Complaint, the Company made false and misleading statements to the market. Wells Fargo failed to maintain appropriate internal controls over financial reporting. The Company did not maintain compliance with the 2018 regulatory consent orders against it. Remedial plans developed by the Company were insufficient to prevent further consumer abuses. These remedial measures also failed to protect the Company’s customers from consumer fraud. Based on these facts, the Company’s public statements were false and materially misleading throughout the class period. When the market learned the truth about Wells Fargo, investors suffered damages.
Wells Fargo & Company
Investors that purchased the Company’s securities and have suffered a loss, please fill in transaction information below, or email to info@portnoylaw.com.
There is no cost or obligation associated with submitting your information. If you are a shareholder who suffered a loss, please submit your contact information and purchase information to participate in the putative class action.
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CONTACT:
Portnoy Law Firm
Lesley F. Portnoy, Esq.,
www.portnoylaw.com
Office: 310.692.8883
8240 Beverly Blvd., Suite 9
Los Angeles, CA 90048
info@portnoylaw.com
