72°

Topics

Macungie
Wells Fargo moves annual meeting to Texas, but protesters follow
Wells Fargo moves annual meeting to Texas, but protesters follow

You can move your shareholder meeting out of California, but you can't stop protesters from following. Joining ordinary Wells Fargo shareholders, demonstrators planned to air their grievances Tuesday in San Antonio, site of this year's annual meeting. Some protesters purchased a share of stock, entitling them to enter the meeting and speak for two minutes. The issues included Wells Fargo's foreclosure practices, its ties to private prison companies, and complaints that front-line branch employees were driven to unethical behavior by the bank's never-ending demands to increase sales of accounts and add-ons. Ancel Martinez, a Wells Fargo spokesman, said bank Chief...

Loading