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Financial services company $GDOT said it has appointed three new independent directors, J. Chris Brewster, Rajeev V. Date and William I. Jacobs to the companyâ??s BoD effective immediately. $GDOT said that current non-independent director Samuel Altman voluntarily agreed to step down from the Board. The size of the BoD will now be ten directors.
The latest earnings report by $VZ shows how it is losing customers despite offering the unlimited data plans, a record for the company.
$BEBE is closing down all its stores by the end of May.
$WFC agreed to hike its payout in a class-action settlement over unauthorized accounts by $32 million to $142 million for its retail sales practices. The settlement will now include customers who were impacted as early as May 2002.