Friday, November 11, 2005

Wells Fargo had a class action lawsuit filed against the bank last Friday Nov 4, 2005. No news was issued by Wells Fargo and today Friday Nov 11, 2005 an after market press release crossed the wire at approximately 17.14 ET. issued by the lawyers commencing the class action lawsuit. (Milberg Weiss) class actions can be big. Wells Fargo may think its small. A vacuum of information from Wells Fargo increases shareholder risk unnecessarily. We all know some class actions run out of steam so why not acknowledge the filing publicly.