On or around 12/29/2020 (Date of last review)
Filing Date: October 30, 2020
According to the Complaint, Wells Fargo & Company is a financial services and bank holding company headquartered in San Francisco, California.
The Complaint alleges that during the Class Period, Defendants made false and misleading statements and/or failed to disclose adverse information regarding Wells Fargo’s business and operations. Specifically, the Complaint alleges that during the Class Period, Defendants misrepresented the value of the Company’s business and prospects by concealing the significant defects in its underwriting and due diligence practices and deficiencies in its commercial credit portfolio and related securitized assets.
Company & Securities Information
Defendant: Wells Fargo & Company
Industry: Money Center Banks
Headquarters: United States
Ticker Symbol: WFC
Company Market: New York SE
Market Status: Public (Listed)
About the Company & Securities Data
"Company" information provides the industry and sector classification and headquarters state for the primary company-defendant in the litigation. In general, "Securities" information provides the ticker symbol, market, and market status for the underlying securities at issue in the litigation.
In most cases, the primary company-defendant actually issued the securities that are the subject of the litigation, and the securities information and company information relate to the same entity. In a small subset of cases, however, the primary company-defendant is not the issuer (for example, cases against third party brokers/dealers), and the securities information and company information do not relate to the same entity.
First Identified Complaint
Steven A. Mullen, et al. v. Wells Fargo & Company, et al.