NEW YORK, July 17, 2022 /PRNewswire/ —
WHY: The Rosen Law Firm, a global investor rights law firm, reminds buyers of Wells Fargo & Company (NYSE: WFC) Among February 24, 2021 Y June 9, 2022both dates inclusive (the “Class Period”), of the important August 29, 2022 term of the main plaintiff.
AND THAT: If you purchased Wells Fargo securities during the Class Period, you may be entitled to compensation without paying any fees or out-of-pocket costs through a contingency fee arrangement.
WHAT TO DO NEXT: To join the Wells Fargo class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=7261 or call Philip Kim, Esq. toll free at 866-767-3653 or email [email protected] either [email protected] for information about the class action lawsuit. A class action lawsuit has already been filed. If you want to serve as lead plaintiff, you must transfer to the Court no later than August 29, 2022. A lead plaintiff is a representative party acting on behalf of other class members to direct the litigation.
WHY ROSEN’S LAW: We encourage investors to select qualified advisors with a track record of success in leadership roles. Often the companies that issue ads do not have comparable experience, resources, or any significant recognition from their peers. Many of these firms do not actually handle securities class action lawsuits, but are simply intermediaries who refer clients or partner with law firms that actually litigate the cases. Be wise in selecting an attorney. The Rosen Law Firm represents investors around the world, concentrating its practice on securities class action and shareholder derivative litigation. The Rosen Law Firm has achieved the largest securities class action settlement in history against a Chinese company. The Rosen Law Firm was ranked #1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 4 every year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone, the company secured more than $438 million for investors In 2020, founding partner Laurence Rosen was named by law360 as a Titan of the Plaintiffs Bar Association. Many of the firm’s attorneys have been recognized by Lawdragon and Super Lawyers.
CASE DETAILS: According to the lawsuit, the defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Wells Fargo had misrepresented its commitment to diversity in the Company’s workplace; (2) Wells Fargo conducted bogus job interviews to meet its Diverse Search Requirement; (3) the foregoing conduct subjected Wells Fargo to increased risk of regulatory and/or government scrutiny and enforcement action, including criminal charges; (4) all of the foregoing, once disclosed, would likely negatively affect Wells Fargo’s reputation; and (5) as a result, Wells Fargo’s public statements were materially false and misleading at all material times. When the true details entered the market, the suit claims that investors suffered damages.
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To join the Wells Fargo class action lawsuit, go to https://rosenlegal.com/submit-form/?case_id=7261 mail to:or call Philip Kim, Esq. toll free at 866-767-3653 or email [email protected] either [email protected] for information about the class action lawsuit.
No class has been certified. Until a class is certified, you are not represented by an attorney unless you retain one. You can select the attorney of your choice. You can also remain a member of the absent class and do nothing at this time. An investor’s ability to participate in any potential future recovery is not dependent on him acting as the lead claimant.
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Laurence Rosen, Esq.
Philip Kim, Esq.
The Rosen Law Firm, Pennsylvania
275 Madison Avenue, 40th Floor
New York, NY 10016
Phone: (212) 686-1060
Toll Free: (866) 767-3653
Fax: (212) 202-3827
SOURCE Rosen Law Firm, Pennsylvania