NEW YORK, Sept. 14, 2016 /PRNewswire/ -- Harwood Feffer LLP (www.hfesq.com) is investigating potential claims against the board of directors of Wells Fargo & Company ("Wells Fargo" or the "Company") (NYSE: WFC), concerning whether the board has breached its fiduciary duties to shareholders.
On September 7, 2016, it was disclosed that the Consumer Financial Protection Bureau ("CFPB") had fined Wells Fargo $100 million for secretly opening over 2 million unauthorized deposit and credit card accounts since 2011. On September 14, 2016, Reuters reported that the U.S. Attorney's Offices for the Southern District of New York and the Northern District of California were investigating bringing charges against the Company.
Our investigation concerns whether the Company board of directors has breached its fiduciary duties to shareholders, grossly mismanaged the Company, and/or committed abuses of control in connection with the foregoing.
If you own Wells Fargo and wish to discuss this matter with us, or have any questions concerning your rights and interests with regard to this matter, please contact:
Harwood Feffer has been representing individual and institutional investors for many years, serving as lead counsel in numerous cases in federal and state courts. Please visit the Harwood Feffer LLP website (http://www.hfesq.com) for more information about the firm.
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