Contact:Bronstein, Gewirtz & Grossman, LLC Peretz Bronstein or Yael Hurwitz212-697-6484 | firstname.lastname@example.orgView original content with multimedia: http://www.prnewswire.com/news-releases/shareholder-alert-bronstein-gewirtz--grossman-llc-announces-investigation-of-wells-fargo--company-wfc-300593495.html SOURCE Bronstein, Gewirtz & Grossman, LLC
NEW YORK, Feb. 5, 2018 /PRNewswire/ -- Attorney Advertising -- Bronstein, Gewirtz & Grossman, LLC is investigating potential claims on behalf of purchasers of Wells Fargo & Company ("Welss Fargo" or the "Company") (NYSE: WFC). Such investors are encouraged to obtain additional information and assist the investigation by visiting the firm's site: www.bgandg.com/wfc.The investigation concerns whether Wells Fargo and certain of its officers and/or directors have violated Federal Securities Laws. On February 2, 2018, citing "recent and widespread consumer abuses and other compliance breakdowns by Wells Fargo," the U.S. Federal Reserve announced "that it would restrict the growth of the firm until it sufficiently improves its governance and controls." The Federal Reserve also announced that "Wells Fargo will replace three current board members by April and a fourth board member by the end of the year." Following this announcement, Wells Fargo's share price fell roughly 6% in after-hours trading on February 2, 2018, and has fallen sharply during intraday trading on February 5, 2018. If you are aware of any facts relating to this investigation, or purchased Wells Fargo shares, you can assist this investigation by visiting the firm's site: www.bgandg.com/wfc. You can also contact Peretz Bronstein or his Investor Relations Analyst, Yael Hurwitz of Bronstein, Gewirtz & Grossman, LLC: 212-697-6484. Bronstein, Gewirtz & Grossman, LLC is a corporate litigation boutique. Our primary expertise is the aggressive pursuit of litigation claims on behalf of our clients. In addition to representing institutions and other investor plaintiffs in class action security litigation, the firm's expertise includes general corporate and commercial litigation, as well as securities arbitration. Attorney advertising. Prior results do not guarantee similar outcomes.