ISS Discusses Largest Securities-Related Class Action Settlements of 2023
Reynolds Holding
JANUARY 23, 2024
After a decades-long history of alleged “reckless” and “unsound” practices, including the opening of millions of fake accounts, federal regulators imposed punitive consent orders on Wells Fargo, requiring a compliance and corporate oversight overhaul. in August 2019, wiping out about $36 billion in market capitalization.
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