Wells Fargo & Co. Securities Litigation

GPTKB entity

Statements (98)
Predicate Object
gptkbp:instance_of gptkb:legal_case
gptkbp:action yes
gptkbp:case_number 3:16-cv-05541
gptkbp:case_outcome favorable to plaintiffs
gptkbp:case_significance high profile
gptkbp:certification granted
gptkbp:class_action_certification achieved
gptkbp:class_action_status granted
confirmed
gptkbp:class_period 2014-2016
gptkbp:clinical_trial not set
gptkbp:company_policies revised
gptkbp:consequences gptkb:significant
corporate governance
far-reaching
gptkbp:corporate_accountability highlighted
gptkbp:court gptkb:Wells_Fargo_&_Company
gptkb:Wells_Fargo_&_Co.
gptkb:investors
ongoing
losses incurred
gptkbp:customer_feedback apology issued
gptkbp:damage monetary compensation
billions of dollars
gptkbp:discovery lengthy
gptkbp:economic_impact losses for investors
gptkbp:financial_penalties imposed on Wells Fargo
gptkbp:financial_reports scrutinized
gptkbp:future_litigation possible
gptkbp:future_prospects ongoing scrutiny
https://www.w3.org/2000/01/rdf-schema#label Wells Fargo & Co. Securities Litigation
gptkbp:impact stock price
gptkbp:impact_on_company reputation damage
gptkbp:impact_on_management leadership changes
gptkbp:investigates gptkb:SEC
serious misconduct
gptkbp:investment important
strained
affected negatively
gptkbp:investor_advocacy strengthened
gptkbp:investor_awareness increased
gptkbp:investor_compensation partial recovery
gptkbp:investor_representation law firms involved
gptkbp:investor_rights protected
gptkbp:investor_settlements varied
gptkbp:involves gptkb:Wells_Fargo_&_Company
gptkb:Wells_Fargo_&_Co.
gptkbp:is_applied_in gptkb:United_States_District_Court
gptkbp:is_debated_in valid
resolved through settlement
misleading statements
increased after scandal
gptkbp:is_respected_by eroded
gptkbp:is_visible_from questioned
scrutinized
gptkbp:issues securities fraud
gptkbp:jurisdiction gptkb:United_States_federal_law
gptkbp:lawyer_fees contingency basis
gptkbp:lead_plaintiff institutional investors
gptkbp:legal_costs substantial
gptkbp:legal_framework gptkb:complex
gptkbp:legal_outcome varied
precedent-setting
gptkbp:legal_principle settlement negotiation
gptkbp:legal_representation law firms
gptkbp:litigation_costs high
gptkbp:litigation_strategy aggressive defense
gptkbp:major_city ongoing
confidential
$480 million
confidentiality clauses
$142 million
court required
required by court
gptkbp:media_coverage extensive
gptkbp:outcome gptkb:Roman_settlement
gptkbp:precedent important
set for future cases
gptkbp:public_interest high
gptkbp:public_perception negative
damaged
gptkbp:public_reaction negative
gptkbp:public_relations challenging
gptkbp:regulatory_compliance increased
intensified
gptkbp:related_cases multiple lawsuits
other securities litigations
gptkbp:related_to Wells Fargo fake accounts scandal
gptkbp:resolution settled out of court
gptkbp:revenue gptkb:significant
gptkbp:settlement_approval_date gptkb:2020
gptkbp:settlement_distribution to affected investors
gptkbp:shareholder_impact gptkb:significant
stock price drop
gptkbp:strategy deny allegations
gptkbp:wells_fargo_response cooperate with investigation
gptkbp:witnesses testified
gptkbp:year_created gptkb:2016