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.
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.
Contact:
Johnson & Weaver, LLP
Jim Baker, 619-814-4471
jimb@johnsonandweaver.com
Logo - http://photos.prnewswire.com/prnh/20160211/332409LOGO
To view the original version on PR Newswire,
visit:http://www.prnewswire.com/news-releases/wells-fargo--company-wfc-alert--shareholder-rights-law-firm-johnson--weaver-llp-is-investigating-wells-fargo--company-for-unauthorized-account-creation-encourages-investors-to-contact-the-firm-300333393.html
SOURCE Johnson & Weaver, LLP