Wells Fargo & Co. (NYSE: WFC) has been hit with a class-action lawsuit accusing them of charging unnecessary inspection fees in a New Jersey District Court. This lawsuit comes 13 years after another class-action suit that accused Wells Fargo of the same racketeering activities in Iowa.
On CNBC's "Options Action," Tony Zhang said there is a further upside for the financial stocks going from here. He would trade Wells Fargo & Co (NYSE: WFC), which managed to break out on the upside on Friday.
Gina Sanchez of Chantico Global and Lido Advisors and Bill Baruch of Blue Line Capital shared with the viewers of CNBC's "Trading Nation" their stock picks for the second half of the year.
Shares of several banks and financial services companies, including Wells Fargo & Co (NYSE: WFC) and Bank of America Corp (NYSE: BAC), are trading higher during Friday's session amid an increa