Wells Fargo Unwell

In a regulatory filing on Friday, November 3rd, the beleaguered Wells Fargo & Co disclosed that it’s facing further litigation over previously disclosed troubles related to its auto and mortgage businesses.
The lawsuits include two class action cases alleging violations of federal and state consumer fraud laws, as well as claims brought by former employees who said they were fired for raising concerns over problematic sales practices. Wells Fargo disclosed the litigation in its third-quarter financial filing with the U.S. Securities and Exchange Commission.


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