INVESTIGATION ALERT: Scott+Scott Attorneys at Law LLP Investigates Wells Fargo’s Directors and Officers for Breach of Fiduciary Duties – WFC

NEW YORK--(BUSINESS WIRE)--Scott+Scott Attorneys at Law LLP (“Scott+Scott”), an international securities and consumer rights litigation firm, is investigating whether certain directors and officers of Wells Fargo and Company (“Wells Fargo”) (NYSE: WFC) breached their fiduciary duties to Wells Fargo and its shareholders. If you are a Wells Fargo shareholder, you are encouraged to contact attorney Joe Pettigrew for additional information at [phone], or [e-mail].

Scott+Scott is investigating whether members of Wells Fargo’s board of directors or senior management failed to manage Wells Fargo in an acceptable manner, in breach of their fiduciary duties to Wells Fargo, and whether Wells Fargo and its shareholders have suffered damages as a result.

On December 20, 2022, the U.S. Consumer Financial Protection Bureau (“CFPB”) announced it had ordered Wells Fargo to pay $3.7 billion in penalties and consumer payments for charging illegal fees and interest on auto and mortgage loans.

What You Can Do

If you are a Wells Fargo shareholder, you may have legal claims against Wells Fargo’s directors and officers. If you wish to discuss this investigation, or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at [phone] or [e-mail].

About Scott+Scott Attorneys at Law LLP

Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.

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