If formally approved, the settlement would close a case that claimed Wells Fargo conducted fake interviews to get around the ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. Wells Fargo and its shareholders agreed to settle a federal class-action lawsuit alleging the bank misrepresented its diversity, ...

Wells Fargo has agreed to settle a lawsuit alleging that the company misrepresented its DEI initiatives to increase the number of people from underrepresented groups in higher-paying jobs by holding ...

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 ...

A Wells Fargo spokesperson didn’t immediately respond to a request for comment. In 2020, Wells Fargo launched a “diverse slate” policy, requiring at least half of job candidates interviewed for open ...

One of the biggest banks in the US has agreed to pay $33 million to resolve a class action lawsuit accusing the bank of knowingly helping alleged fraudsters move millions of dollars tied to deceptive ...

A Wells Fargo shareholder has filed a derivative complaint asking the Court of Chancery to hold the bank's leadership accountable for its allegedly performative diversity hiring requirements. The ...

The Consumer Financial Protection Bureau told a federal court on Tuesday it was dropping a lawsuit filed in December against three of the nation’s largest banks over their handling of the payment ...