| Judge awards St. Louis Co. woman $17.8 million | |
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CLAYTON, Mo. (AP) -- A judge has ordered Wells Fargo to pay another $17.8 million to a suburban St. Louis woman who claimed the family trusts were mismanaged.
The ruling Wednesday by St. Louis County Circuit Judge Carolyn Whittington is in addition to $77 million in damages awarded in May to Barbara Burton Morriss of Olivette.
A Wells Fargo spokesman says the company disagrees with the verdict and is considering appeal options.
The St. Louis Post-Dispatch (http://bit.ly/1jAObhN ) report that it wasn't a complete win for Morriss. The judge also ordered her to pay $5.9 million, ruling that she was partly at fault for losses.
Morris filed suit in 2012. It alleged that San Francisco-based Wells Fargo failed to fully disclose financial transactions in two family trusts that were drained of millions of dollars.
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Information from: St. Louis Post-Dispatch, http://www.stltoday.com
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Wells Fargo est une société d’exploration minière basée aux Etats-Unis D'Amerique. Wells Fargo est cotée aux Etats-Unis D'Amerique. Sa capitalisation boursière aujourd'hui est 299,4 milliards US$ (279,8 milliards €). La valeur de son action a atteint son plus bas niveau récent le 03 juillet 1997 à 10,01 US$, et son plus haut niveau récent le 26 avril 2024 à 59,91 US$. Wells Fargo possède 4 997 319 680 actions en circulation. |