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Wells Fargo Sued for Allegedly Churning Life Insurance Contracts

October 9, 2018 Comments (0) Blog, Securities Fraud

Family claims Wells Fargo Breached Fiduciary Duty According to reports, Sherry Webber and her farm-owning family filed a lawsuit in federal court alleging Wells Fargo breached its fiduciary duty by churning life insurance contracts. In the lawsuit the family alleges a Wells Fargo advisor engaged in churning life
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SEC Fines Wells Fargo Advisors $3 Million

June 26, 2018 Comments (0) Blog, Securities Fraud

Wells Fargo Charged with Misconduct with MLI sales According to a press announcement yesterday, the Securities and Exchange Commission charged Wells Fargo with allegedly generating large fees by improperly encouraging retail customers to actively trade market-linked investments, which were intended to be held to
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