In local news: More fallout is on the horizon from Wells Fargo & Co.'s latest scandal that saw 570,000 customers receiving unwanted auto insurance. Some lost their vehicles as a result of the mistake. The San Francisco-based bank has been hit with a lawsuit accusing it of racketeering violations and fraud, reports Reuters. And CNBC reported on analysts' anger over the embattled bank's new scandal. It notes that Wells Fargo stock dropped 2.6% Friday — the day after the news broke— but closed…
from Charlotte Business News - Local Charlotte News | Charlotte Business Journal https://www.bizjournals.com/charlotte/news/2017/08/01/cbj-morning-buzz-wells-fargo-hit-with-lawsuit.html?ana=RSS%26s=article_search
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