Legal
Former Wells Fargo CEO barred from industry, to pay $17.5 million for sales scandal
The Securities and Exchange Commission has charged former Wells Fargo & Co. CEO and Chairman John G. Stumpf and former head of Wells Fargo’s Community Bank Carrie L. Tolstedt for their roles in allegedly misleading investors about the success of the Community Bank, Wells Fargo’s core business. The SEC’s filings…
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