Outburst by angry Wells Fargo shareholder halts annual meeting - News Summed Up

Outburst by angry Wells Fargo shareholder halts annual meeting


Wells Fargo's annual shareholder meeting was interrupted by an outburst from an angry investor who demanded answers from the embattled bank's board of directors. The Wells Fargo meeting was interrupted by several angry shareholders who screamed at the board out of turn. Related: The damning 2004 report that Wells Fargo chose to ignoreThough all off the directors of Wells Fargo's board were re-elected, some received unusually low levels of support. Still, several Wells Fargo shareholders slammed the board for failing to detect the problems in the sales culture earlier. "The Wells Fargo board has suffered from mushroom management.


Source: CNN April 25, 2017 15:09 UTC



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