Girard Sharp is investigating potential class action claims on behalf of Wells Fargo investors related to its Cash Sweep Program.
Are you a Wells Fargo investor who participated in the Cash Sweep Program? You may be eligible for monetary relief.
For a free consultation, fill out our contact form or call us toll-free at (866) 981-4800.
Wells Fargo’s Low-Yielding Cash Sweep Accounts
Upon opening an account with Wells Fargo, customers were automatically enrolled in the Cash Sweep Programs, and upon enrollment, customers were unable to select any bank deposit cash sweep options that might have offered better terms than those made available by Wells Fargo.
According to recent reports, Wells Fargo’s cash program sweeps customers’ cash into accounts at affiliated and unaffiliated banks, and pays them interest lower than they could otherwise obtain.
If you are a Wells Fargo investor whose cash in the last three years was automatically “swept” and transferred into the Cash Sweep Program?
Please fill out the form or call us toll-free at (866) 981-4800 to learn how to recover your losses.
Our Commitment to Excellence
Girard Sharp LLP represents investors, consumers, and institutions in class actions and other complex litigation nationwide. Our class action attorneys have obtained multimillion-dollar recoveries for victims of unfair and deceptive practices in antitrust, financial fraud, and consumer protection matters against some of the country’s largest corporations. We served on the leadership team in the securities litigation following the collapse of Lehman Brothers, the largest bankruptcy in U.S. history, in which total recoveries for investors exceeded $700 million. We also served on the Plaintiffs’ executive committee in the recent spoofing litigation against JPMorgan Chase that returned $60 million to investors. When Sallie Mae, the leading provider of student loans in the United States, misled the public about its financial performance to inflate the company’s stock price, we recovered $35 million for investors in the company. Read more about our track record in securities cases here.
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