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MarketScreener Homepage  >  Equities  >  Nyse  >  Wells Fargo & Company    WFC

WELLS FARGO & COMPANY

(WFC)
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Glancy Prongay & Murray LLP : Commences Investigation on Behalf of Wells Fargo & Company Investors

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07/28/2017 | 01:36pm EDT

Glancy Prongay & Murray LLP (“GPM”) announces an investigation on behalf of Wells Fargo & Company (“Wells Fargo” or the “Company”) (NYSE: WFC) investors concerning the Company and its officers’ possible violations of federal securities laws. To obtain information or aid in the investigation, please visit the Wells Fargo investigation page on our website at www.glancylaw.com/case/wells-fargo-company.

On July 27, 2017, Wells Fargo disclosed that it would pay approximately $80 million in remediation to customers that may have been financially harmed by the Company’s Collateral Protection Insurance (“CPI”) policies. Wells Fargo stated that “customers may have been charged premiums for CPI even if they were paying for their own vehicle insurance, as required, and in some cases the CPI premiums may have contributed to a default that led to their vehicle’s repossession.”

On this news, the Company’s stock price fell approximately 2.5% during intraday trading on July 28, 2017.

If you purchased Wells Fargo securities, have information or would like to learn more about these claims, or have any questions concerning this announcement or your rights or interests with respect to these matters, please contact Charles Linehan, Esquire, of GPM, 1925 Century Park East, Suite 2100, Los Angeles, California 90067 at 310-201-9150, Toll-Free at 888-773-9224, by email to shareholders@glancylaw.com, or visit our website at www.glancylaw.com. If you inquire by email please include your mailing address, telephone number and number of shares purchased.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.


© Business Wire 2017
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Financials (USD)
Sales 2019 84 011 M
EBIT 2019 30 135 M
Net income 2019 21 092 M
Debt 2019 -
Yield 2019 3,93%
P/E ratio 2019 10,2x
P/E ratio 2020 10,8x
Capi. / Sales2019 2,55x
Capi. / Sales2020 2,64x
Capitalization 214 B
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Technical analysis trends WELLS FARGO & COMPANY
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TrendsBullishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 30
Average target price 48,58  $
Last Close Price 48,63  $
Spread / Highest target 21,3%
Spread / Average Target -0,11%
Spread / Lowest Target -13,6%
EPS Revisions
Managers
NameTitle
Timothy J. Sloan President, Chief Executive Officer & Director
Elizabeth A. Duke Independent Chairman
John R. Shrewsberry Chief Financial Officer & Senior Executive VP
Scott Dillon Chief Technology Officer
John Daniel Baker Independent Director
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