WELLS FARGO INVESTIGATION INITIATED by Former Louisiana Attorney General: Kahn Swick & Foti, LLC Investigates the Officers and Directors of Wells Fargo & Company - WFC
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
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Source: Business Wire
NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC (“KSF”), announces that KSF has commenced an investigation into Wells Fargo & Company (NYSE: WFC).Already facing the fallout from an earlier series of scandals as well as an asset cap mandated by the Federal Reserve, throughout 2020, the Company disclosed a series of disappointing financial results due in part to continued deterioration in the Company’s credit portfolio including taking increasingly massive provision expenses to account for expected credit delinquencies and significantly slashing its dividend.The Company has been sued in a securities class action lawsuit for failing to disclose material information, violating federal securities laws, which remains ongoing.KSF’s investigation is focusing on whether Wells Fargo’s officers and/or directors breached their fiduciary duties to Wells Fargo’s shareholders or otherwise violated
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WFC
Earnings
- 4/12/24 - Beat
WFC
Sec Filings
- 4/22/24 - Form 8-K
- 4/17/24 - Form 424B2
- 4/17/24 - Form PX14A6G
- WFC's page on the SEC website