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Wells Fargo settles fake DEI job interview claims in class-action suit for $85M

Banking giant Wells Fargo has agreed to pay $85 million to settle a three-year class-action legal battle in California over claims that it held fake job interviews to meet diversity targets. The suit ...
Reuters

Wells Fargo must face lawsuit over sham job interviews

July 29 (Reuters) - A U.S. judge ordered Wells Fargo (WFC.N), opens new tab to face a lawsuit alleging it defrauded shareholders by proclaiming its commitment to hiring diversity, even as it conducted ...
Courthouse News Service

Misrepresentation claims survive in Wells Fargo fake job interview class action

This Friday, Aug. 11, 2017, file photo shows a sign at a Wells Fargo bank location in Philadelphia. (AP Photo/Matt Rourke, File) SAN FRANCISCO (CN) — A federal judge ruled early Monday morning that ...
Business Wire

Cotchett, Pitre & McCarthy, LLP and Bottini & Bottini Inc. File Lawsuit on Behalf of a Wells Fargo Shareholder Against Bank’s Executives for Sham Interview and Hiring ...

SAN FRANCISCO--(BUSINESS WIRE)--Cotchett, Pitre & McCarthy LLP and Bottini & Bottini Inc. announced that Amy Cook, a shareholder of Wells Fargo, filed a lawsuit in the United States District Court for ...
Barron's

Wells Fargo Seeks Dismissal of Fake-Interview Lawsuit

Wells Fargo is asking a federal judge to dismiss a lawsuit claiming the bank frequently conducted fake job interviews with women, people of color, and other diverse candidates for positions it had ...