Our securities fraud attorneys are currently investigating whether Wells Fargo has additional liability related to its ongoing large scale customer fraud scandal.
Wells Fargo has already paid over $180 million dollars in regulatory penalties and $142 million in settlement of private litigation lawsuits. Former CEO John Stumph also lost his job as a result.
The alleged fraud includes a number of systemic and large scale violations, including the setting up of nonexistent and fraudulent accounts, as well as charges for services that were not rendered.
In addition to repaying $80 million dollars to over 500,000 customers as reported, Wells Fargo may have liability to additional parties, including those affected by the alleged fraud and stock price, including business partners, investors, including institutional investors.
If you are a Wells Fargo investor, institutional or private, a business partner, a subsidiary, or have substantial losses as a result of the Wells Fargo fraud scandal, contact us now to discuss bringing a claim to receive a possible settlement.
Attorney Daniel A. Bakondi, Esq. has obtained millions of dollars in awards, settlements, and judgments for his clients in business and securities litigation and arbitration cases.
Contact for a consultation now:
Daniel Bakondi, Esq.
The Law Office of Daniel Bakondi
870 Market Street, Suite 1157
San Francisco CA 94102
IMPORTANT NOTICE: No attorney-client nor confidential relationship is created through this communication and this posting does not constitute legal advice. Your issue may be time sensitive and may result in loss of rights if you do not act in time. Thank you.
This page was updated September 2, 2017 Copyright (c) Daniel A. Bakondi, Esq.
“Mr. Bakondi is a poised and brilliant young man who asked extensive questions to get at the crux of the situation. I was continuously amazed at the fine/pertinent points that Mr. Bakondi dug out of the years of files I had provided him. He quickly filed legal action I would call impressive in its fact-finding, background research, and arguments. In subsequent attorney communications and motions, I saw this astounding incisiveness over and over again. More than once I remarked to him how glad I was that he was not the other side’s attorney! In forecasting the time, phases, and expenses of the case, Mr. Bakondi was also unerring. While the entire process took over a year, I never once had the feeling that he was not in complete control of the situation. In consultations, he always had all of the options and their consequences ready at hand, along with his recommendations. Not once did he make an inaccurate forecast or give bad advice. When the case concluded successfully, he tied up all the loose ends as meticulously as everything else he had done.” VLCLIENT TESTIMONIAL
“Daniel Bakondi is an attorney who is devoted to his clients. He is knowledgeable, expedient, and meticulous about details. He is honest and provides his clients with a realistic evaluation of their expectations. He doesn’t waste your time. Daniel Bakondi is the attorney who will be in your corner all the way.” N.T.