Bronstein, Gewirtz & Grossman, LLC Notifies Wells Fargo & Company (WFC) Investors of Class Action and Encourages Investors to Contact the Firm | News


NEW YORK–(BUSINESS WIRE)–Jun 30, 2022–

Attorney Advertising–Bronstein, Gewirtz & Grossman, LLC notifies investors that a class action lawsuit has been filed against Wells Fargo & Company (“Wells Fargo” or “the Company”) (NYSE: WFC) and certain of its officers, on behalf of all persons and entities that purchased, or otherwise acquired Wells Fargo securities between February 24, 2021 and June 9, 2022, inclusive (the “Class Period”). Such investors are encouraged to join this case by visiting the firm’s site: www.bgandg.com/wfc.

This class action seeks to damages against Defendants for recover alleged violations of the federal securities laws.

The Complaint alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Company’s business, operations, and compliance policies. Specifically, Defendants made false and/or misleading statements and/or failed to disclose that: (1) Wells Far had misrepresented its commitment to diversity in the Company’s workplace; (2) Wells Fargo conducted fake job interviews in order to meet its Diverse Search Requirement; (3) the foregoing conduct subjected Wells Fargo to an increased risk of regulatory and/or governmental scrutiny and enforcement action, including criminal charges; (4) all of the foregoing, once revealed, was likely to negatively impact Wells Fargo’s reputation; and (5) as a result, the Company’s public statements were materially false and misleading at all relevant times.

A class action lawsuit has already been filed. If you wish to review a copy of the Complaint, you can visit the firm’s site: www.bgandg.com/wfc or you may contact Peretz Bronstein, Esq. or his Law Clerk and Client Relations Manager, Yael Nathanson of Bronstein, Gewirtz & Grossman, LLC at 212-697-6484. If you suffered a loss in Wells Fargo you have until August 29, 2022 to request that the Court appoint you as lead plaintiff. Your ability to share in any recovery doesn’t require that you serve as a lead plaintiff.

Bronstein, Gewirtz & Grossman, LLC represents investors in securities fraud class actions and shareholder derivative suits. The firm has caught hundreds of millions of dollars for investors nationwide. attorney advertising. Prior results do not guarantee similar outcomes.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220630005092/en/

CONTACT: Bronstein, Gewirtz & Grossman, LLC

Peretz Bronstein or Yael Nathanson

212-697-6484 |info@bgandg.com

KEYWORD: NEW YORK UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: CLASS ACTION LAWSUIT PROFESSIONAL SERVICES LEGAL

SOURCE: Bronstein, Gewirtz & Grossman, LLC

Copyright Business Wire 2022.

PUB: 06/30/2022 11:00 AM/DISC: 06/30/2022 11:02 AM

http://www.businesswire.com/news/home/20220630005092/en

Copyright Business Wire 2022.

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