Micah Dortch Appointed Special Receiver in Federal Lawsuit Against Wells Fargo
Wells Fargo & Company (WFC)
Last wells fargo & company earnings: 4/14 07:46 am
Check Earnings Report
US:NYSE Investor Relations:
wellsfargo.com/about/investor-relations
Company Research
Source: PR Newswire
SHERMAN, Texas, Aug. 15, 2018 /PRNewswire/ -- Micah Dortch, managing partner of the Dallas office of the Potts Law Firm, has been appointed as a Special Receiver in litigation originally brought by the Securities and Exchange Commission against a group of Texas businessmen. That lawsuit seeks to recover funds from what was characterized as a fraudulent investment scheme directed by Thurman P. Bryant III of Frisco and Arthur E. Wammel of Pearland, along with affiliated companies and individuals.Evidence in the case revealed that, in less than three years, the defendants were able to withdraw or transfer more than $20 million in cash from Wells Fargo Bank (NYSE: WFC) accounts in violation of industry standards and the bank's own policies. Despite numerous five-figure and six-figure cash withdrawals, Wells Fargo management never verified, questioned or restricted any of the activities.According to the SEC complaint, originally filed in 2017, the defendants raised more than $22 million fr
Show less
Read more
Impact Snapshot
Event Time:
WFC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
WFC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
WFC alerts
High impacting Wells Fargo & Company news events
Weekly update
A roundup of the hottest topics
WFC
News
- Wells Fargo (WFC) Unveils Business Credit Card With Cashback [Yahoo! Finance]Yahoo! Finance
- Photos: 2024 Wells Fargo Championship merchandise has something for everyone [USA TODAY]USA TODAY
- May 10, 2024: Today's Highest CD Rates: Earn Up To 5.40% [Forbes]Forbes
- Big names show up, a favorable free drop highlight a busy Thursday at 2024 Wells Fargo Championship [USA TODAY]USA TODAY
- Wells Fargo Championship 2024 Friday tee times, PGA Tour pairings and how to watch [USA TODAY]USA TODAY
WFC
Earnings
- 4/12/24 - Beat
WFC
Sec Filings
- 5/10/24 - Form 4
- 5/10/24 - Form 3/A
- 5/10/24 - Form 13F-HR
- WFC's page on the SEC website