Wells Fargo Executives, Board Must Facee Lawsuit over Fake Accounts, Judge Says
Reuters, Oct. 5, 2017–Jonathan Stempel
U.S. District Judge Jon Tigar in San Francisco said shareholders may pursue claims that Wells Fargo officials looked the other way as employees facing “unrelenting” pressure to meet sales quotas unlawfully opened accounts and misled the public about fraudulent practices at the nation’s third-largest bank.
