Advisory firm urges Wells Fargo shareholders to oppose 6 board members

Advisory firm urges Wells Fargo shareholders to oppose 6 board members

Proxy advisory firm Glass Lewis is urging Wells Fargo shareholders to vote against the re-election of six directors as the bank faces a contentious annual shareholder meeting this month. Glass Lewis says four of the directors should go because of their failure to uphold their duties amid a major sales scandal last year, while the other two should not be elected because they sit on too many boards.

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