WELLS FARGO SHAREHOLDER ALERT: ClaimsFiler Reminds Investors with Losses in Excess of $100,000 of Lead Plaintiff Deadline in ...
March 23 2018 - 10:50PM
Business Wire
ClaimsFiler, a FREE shareholder information service, reminds
investors that they have until April 16, 2018 to file lead
plaintiff applications in a securities class action lawsuit against
Wells Fargo & Company (NYSE:WFC), if they purchased the
Company’s securities between January 13, 2017, and July 27, 2017,
inclusive (the “Class Period”). This action is pending in the
United States District Court for the Southern District of New
York.
Get Help
Wells Fargo investors should visit us at
https://www.claimsfiler.com/cases/view-wells-fargo-amp-company-securities-litigation-1
or call to speak to our claim center toll-free at (844)
367-9658.
About the Lawsuit
Wells Fargo and certain of its executives are charged with
failing to disclose material information during the Class Period,
violating federal securities laws.
On July 27, 2017, The New York Times reported that, based on an
internal Wells Fargo report, “[m]ore than 800,000 people who took
out car loans from Wells Fargo were charged for auto insurance they
did not need,” and that “[t]he expense of the unneeded
insurance…pushed roughly 274,000 Wells Fargo customers into
delinquency and resulted in almost 25,000 wrongful vehicle
repossessions,” and it estimated “that the bank owed $73 million to
wronged customers.”
On this news, the price of Wells Fargo’s shares plummeted.
About ClaimsFiler
ClaimsFiler has a single mission: to serve as the information
source to help retail investors recover their share of billions of
dollars from securities class action settlements. ClaimsFiler’s
team of experts monitor the securities class action landscape and
cull information from a variety of sources to ensure comprehensive
coverage across a broad range of financial instruments.
To learn more about ClaimsFiler, visit www.claimsfiler.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20180323005689/en/
ClaimsFilerJerry Gallo,
844-367-9658https://www.claimsfiler.com
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