Litigation
Sep. 24, 2016
Wells Fargo officers hit with derivative complaint over fraud claims
A Wells Fargo & Co. shareholder filed a derivative complaint Thursday against the company's board of directors over the creation of millions of fake bank and credit card accounts that earned bank employees money by defrauding its customers.
Daily Journal Staff Writer
A Wells Fargo & Co. shareholder filed a derivative complaint Thursday against the company's board of directors over the creation of millions of fake bank and credit card accounts that earned bank employees money by defrauding its customers.
The complaint — filed by Burlingame-based Cotchett, Pitre & McCarthy LLP on behalf of William C. Sarsfield — accuses Wells Fargo's senio...
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