Description: Federal law requires public companies like Wells Fargo to warn shareholders about non-routine legal proceedings.

Source: CNNMoney.com – video report

Date: Jan 12, 2017

Link: http://money.cnn.com/2017/01/12/investing/wells-fargo-fake-account-disclosure/index.html?iid=hp-toplead-dom

Questions for Discussions:

• Summarize the ethical business issues related to the Wells Fargo scandal and its failure to warn stockholders?
• Do you think this report will affect stockholders or clients?