PHILADELPHIA, PA / ACCESSWIRE / January 10, 2023 / Kehoe Law Firm, P.C. is investigating whether certain directors and officers of Wells Fargo & Company ("Wells Fargo") (NYSE:WFC) breached their fiduciary duties to Wells Fargo and its shareholders.
The investigation concerns whether the board of directors or senior management of Wells Fargo 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.
WELLS FARGO INVESTORS ARE ENCOURAGED TO CLICK HERE TO CONTACT KEHOE LAW FIRM, P.C. AND PROVIDE DETAILS OF THEIR WELLS FARGO SECURITIES.
SHAREHOLDERS OF WELLS FARGO STOCK ARE ALSO ENCOURAGED TO CONTACT MICHAEL YARNOFF, ESQ., (215) 792-6676, EXT. 804, [email protected], [email protected], TO DISCUSS THE INVESTIGATION AND FOR A FREE, NO-OBLIGATION EVALUATION OF POTENTIAL LEGAL CLAIMS.
Kehoe Law Firm, P.C., with offices in New York and Philadelphia, is a multidisciplinary, plaintiff-side law firm dedicated to protecting investors from securities fraud, breaches of fiduciary duties, and corporate misconduct. Combined, the partners at Kehoe Law Firm, P.C. have served as Lead Counsel or Co-Lead Counsel in cases that have recovered more than $10 billion on behalf of institutional and individual investors.
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SOURCE: Kehoe Law Firm, P.C.