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BRIEF-Wells enforcing mandatory arbitration clauses for customers-CEO
September 29, 2016 / 4:05 PM / in a year

BRIEF-Wells enforcing mandatory arbitration clauses for customers-CEO

Sept 29 (Reuters) - House Financial Services Committee Begins Hearing On Wells Fargo & Co :

* Stumpf says enforcing mandatory arbitration clauses for customers, won’t allow lawsuits

* Wells fargo chief Stumpf says customers harmed in the accounts scandal are welcome to seek arbitration over any alleged harm

* Rep. Maloney raises questions about $13m worth of share sales by Stumpf in 2013 after he knew about sales abuses Source text for Eikon: Further company coverage: (Reporting by Dan Freed)

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