Nov
05
Bringing Accountability to the Wells Fargo Boardroom
ByIt’s distressingly common for directors of public companies to skate away from liability when corporate misconduct occurs on their watch. That’s why a recent ruling by a federal judge hearing two cases against Wells Fargo’s officers and directors is both unusual and welcome.
The cases were filed against the bank by shareholders seeking to recover losses that were sustained, they say, in the wake of Wells Fargo’s widespread creation of fake or unauthorized accounts — a scandal that has besieged the bank, hurt its shares and caused the ouster of its chief executive last year…
Bringing Accountability to the Wells Fargo Boardroom
