Wells Fargo’s wealth management unit has been ordered to pay $8.6 million in damages and fees to a client — the former chief executive of retailer OfficeMax — who lost millions of dollars in risky Puerto Rico bonds recommended by his financial advisor. Sam Duncan, the former CEO of both the office...

Topics:  wells fargo s   officemax   puerto rico   sam duncan   ceo   lost   million   
BING NEWS:
  • Wells Fargo tells state court why it should toss out $34M lawsuit from former CEO
    Wells Fargo wants a California state court to toss out a lawsuit filed by former CEO Timothy Sloan who claims the bank owes him $34 million in compensation. The San Francisco-based bank, which has its ...
    04/16/2024 - 10:50 pm | View Link
  • Wells Fargo’s Strong Financial Performance and Positive Outlook Justify Buy Rating
    Barclays analyst Jason Goldberg has maintained their bullish stance on WFC stock, giving a Buy rating on April 12. Jason Goldberg has given ...
    04/14/2024 - 2:35 pm | View Link
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