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OCC to Hold Hearing on Charges Against Former Wells Fargo Bank, N A Executives; Agency Seeks Prohibition Order, Orders to Cease and Desist, and Civil Money Penalties

OCC to Hold Hearing on Charges Against Former Wells Fargo Bank, N A Executives; Agency Seeks Prohibition Order, Orders to Cease and Desist, and Civil Money Penalties
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American regulators to Wells Fargo: This is unacceptable

Ex-Wells Fargo Exec Can t Nix SEC s Accounts Scandal Claim

ADVERTISEMENT Ex-Wells Fargo Exec Can t Nix SEC s Accounts Scandal Claim Law360 (June 28, 2021, 10:42 PM EDT) A California federal judge ordered Monday that a former Wells Fargo executive face a claim in the U.S. Securities and Exchange Commission s lawsuit against her over the bank s fake accounts scandal, saying the government properly alleged she sold millions in stock while helping prop up its price with fraudulent statements. Carrie L. Tolstedt, the former head of Wells Fargo s Community Bank, sought to dismiss one of the four claims against her, but U.S. District Judge Jon S. Tigar rejected her argument that her 2014 sale of $11.8 million of Wells Fargo stock cannot be directly tied to allegations that she made.

Printed Letters: Jan 14, 2021

Boebert is either unethical or obstuse In the interest of full disclosure, I was never comfortable with Lauren Boebert as our representative in Washington. I believed Ms. Boebert was simply in over her head. You can’t just yell “freedom” and carry a Glock to be an effective legislator and I didn’t think she had the ideas or the experience to do more than that. However, she was duly elected and I respected the results of what I believed was a fair process. (I am amazed that people think if “liberals” had somehow rigged things, Ms. Boebert would have been elected.) I was prepared to give her the benefit of the doubt and tried to remain objective about her actions.

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