Bank of America Corp
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Financials : Banks | Large Cap Value
Company profile

Bank of America Corporation is a bank holding company and a financial holding company. The Company is a financial institution, serving individual consumers and others with a range of banking, investing, asset management and other financial and risk management products and services. The Company, through its banking and various non-bank subsidiaries, throughout the United States and in international markets, provides a range of banking and non-bank financial services and products through four business segments: Consumer Banking, which comprises Deposits and Consumer Lending; Global Wealth & Investment Management, which consists of two primary businesses: Merrill Lynch Global Wealth Management and U.S. Trust, Bank of America Private Wealth Management; Global Banking, which provides a range of lending-related products and services; Global Markets, which offers sales and trading services, and All Other, which consists of equity investments, residual expense allocations and other.

Closing Price
$24.09
Day's Change
0.60 (2.55%)
Bid
--
Ask
--
B/A Size
--
Day's High
24.31
Day's Low
23.79
Volume
(Light)
Volume:
47,996,895

10-day average volume:
60,590,044
47,996,895

DEADLINE MONDAY: The Schall Law Firm Announces the Filing of a Class Action Lawsuit Against Wells Fargo & Company and Encourages Investors with Losses in Excess of $100,000 to Contact the Firm

8:28 am ET August 6, 2020 (BusinessWire) Print

The Schall Law Firm, a national shareholder rights litigation firm, announces the filing of a class action lawsuit against Wells Fargo & Company ("Wells Fargo" or "the Company") (NYSE: WFC) for violations of 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder by the U.S. Securities and Exchange Commission.

Investors who purchased the Company's securities between February 2, 2018 and March 10, 2020, inclusive (the ''Class Period''), are encouraged to contact the firm before August 10, 2020.

If you are a shareholder who suffered a loss, click here to participate.

We also encourage you to contact Brian Schall of The Schall Law Firm, 1880 Century Park East, Suite 404, Los Angeles, CA 90067, at 310-301-3335, to discuss your rights free of charge. You can also reach us through the firm's website at www.schallfirm.com, or by email at brian@schallfirm.com.

The class, in this case, has not yet been certified, and until certification occurs, you are not represented by an attorney. If you choose to take no action, you can remain an absent class member.

According to the Complaint, the Company made false and misleading statements to the market. Wells Fargo failed to maintain appropriate internal controls over financial reporting. The Company did not maintain compliance with the 2018 regulatory consent orders against it. Remedial plans developed by the Company were insufficient to prevent further consumer abuses. These remedial measures also failed to protect the Company's customers from consumer fraud. Based on these facts, the Company's public statements were false and materially misleading throughout the class period. When the market learned the truth about Wells Fargo, investors suffered damages.

Join the case to recover your losses.

The Schall Law Firm represents investors around the world and specializes in securities class action lawsuits and shareholder rights litigation.

This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and rules of ethics.

View source version on businesswire.com: https://www.businesswire.com/news/home/20200806005560/en/

SOURCE: The Schall Law Firm

The Schall Law Firm
Brian Schall, Esq.
www.schallfirm.com 
Office: 310-301-3335
info@schallfirm.com
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