In the News

Title

Prosecutors investigate Wells Fargo’s sales practices

Document Type

Article

Publication Date

9-15-2016

Abstract

“Comforting, perhaps, but what was in them before?” says Julie Ragatz, director of the Center for Ethics in Financial Services at The American College of Financial Services.

BOSTON, Sept 14 An activist investor said on Wednesday it is “inevitable” that Wells Fargo & Co will face critical shareholder resolutions after the bank agreed to a $190 million settlement with regulators over fake consumer accounts.