Professor Bank Cited in L.A. Times on Range of Lawsuits Possible Against Wells Fargo over Bogus Accounts

September 27, 2016 – Professor Steven Bank was quoted in a Los Angeles Times article on the range of lawsuits that may be possible against Wells Fargo over the bank’s creation of nearly two million bogus accounts for customers without their permission.

Professor Bank said language in Wells Fargo’s compensation policy suggests that the bank can claw back some pay — and could give investors reason to sue if the bank doesn’t.

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