Wells Fargo books plush resort for company meeting – and some shareholders aren’t happy

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Wells Fargo books plush resort for company meeting – and some shareholders aren’t happy

Wells Fargo books plush resort for company meeting – and some shareholders aren’t happy

The Charlotte Observer-

Florida’s Sawgrass Marriott Golf Resort & Spa offers the kinds of amenities you’d expect from a swanky venue overlooking the Atlantic coast: two championship golf courses, villas with private balconies, therapy baths and massage lessons.

It’s also where Wells Fargo will hold its annual meeting for shareholders next month, the San Francisco bank said in a regulatory filing last week. It will be the first such gathering since regulators fined Wells in September over its sales scandal.

But at a time when Wells is trying to move past the scandal, the choice of the Ponte Vedra Beach venue is sparking fresh criticism from shareholders already angered by revelations of its sales practices.

Read more here: http://www.charlotteobserver.com/news/business/banking/bank-watch-blog/article139225713.html#storylink=cpy

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