By Laura J. Keller, Bloomberg News
Wells Fargo & Co., contending with lawsuits and federal probes into a retail banking scandal, persuaded James Strother to postpone his retirement as general counsel, which had been set for the end of the year.
“In light of recent events the decision has been made to have Jim Strother remain with the company and continue to serve as our general counsel,” said Peter Gilchrist, a bank spokesman.
Strother, 65, “has agreed to do so.”
The San Francisco-based bank faced a torrent of public and political criticism after agreeing to pay $185 million in September ...
Learn more about Bloomberg Law or Log In to keep reading:
Learn About Bloomberg Law
AI-powered legal analytics, workflow tools and premium legal & business news.
Already a subscriber?
Log in to keep reading or access research tools.