Dot Com
Nullius in verba
She tweeted this WF release:
Independent Directors of Wells Fargo Conducting Investigation of Retail Banking Sales Practices and Related Matters
Sen. Warren (D- MA)
Independent Directors of Wells Fargo Conducting Investigation of Retail Banking Sales Practices and Related Matters
- Independent Directors Have Retained Shearman & Sterling to Assist in the Investigation
- John Stumpf to Forfeit Unvested Equity Awards Valued at Approximately $41 Million; Will Forgo Salary During Investigation
- Carrie Tolstedt Has Left the Company; Will Receive No Severance; Has Forfeited Unvested Equity Awards Valued at Approximately $19 Million; Will Not Exercise Outstanding Options During Investigation
- Neither Executive Will Receive a Bonus for 2016