Scott+Scott Attorneys at Law LLP (“Scott+Scott”), a national securities and consumer rights litigation firm, reminds investors it is investigating whether certain directors and officers of Wells Fargo and Company (“Wells Fargo”) (NYSE: WFC) breached their fiduciary duties to Wells Fargo and its shareholders. If you are a Wells Fargo shareholder, you are encouraged to contact attorney Joe Pettigrew with Scott+Scott for additional information at (844) 818-6982 or jpettigrew@scott-scott.com.

Scott+Scott is investigating whether members of Wells Fargo’s board of directors or senior management failed to manage Wells Fargo in an acceptable manner, in breach of their fiduciary duties to Wells Fargo, and whether Wells Fargo and its shareholders have suffered damages as a result.

On April 5, 2022, a class action lawsuit was filed against Wells Fargo claiming that Wells Fargo systematically discriminates against Black mortgage borrowers. The suit alleges that Black mortgage applicants are denied disproportionately to White mortgage applicants, and that Black mortgage borrowers are given inferior borrowing terms disproportionately to White mortgage borrowers, all in violation of federal equal credit opportunity and fair housing statutes.

What You Can Do

If you are a Wells Fargo shareholder, you may have legal claims against Wells Fargo’s directors and officers. If you wish to discuss this investigation or have questions about this notice or your legal rights, please contact attorney Joe Pettigrew toll-free at (844) 818-6982 or jpettigrew@scott-scott.com.

About Scott+Scott Attorneys at Law LLP

Scott+Scott has significant experience in prosecuting major securities, antitrust, and consumer rights actions throughout the United States. The firm represents pension funds, foundations, individuals, and other entities worldwide with offices in New York, London, Amsterdam, Connecticut, California, and Ohio.

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