Wells Fargo Hit With Del. Suit Targeting Account Abuses

By Jeff Montgomery (April 4, 2024, 6:41 PM EDT) -- Citing billions of dollars in regulatory agency sanctions, fines and judgments and allegedly chronic disregard of "red flag" reports and fake account investigations, a Wells Fargo & Co. stockholder has sued 23 current and former bank directors and officers in Delaware's Court of Chancery, seeking derivative recoveries for the losses....

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