Wells Fargo Rips Investors' Claim Diversity Goal Was 'Kabuki'

By Dorothy Atkins (January 31, 2024, 12:15 AM EST) -- Wells Fargo urged a California federal judge on Tuesday to toss a proposed securities class action alleging the bank conducted sham interviews to meet diversity targets triggering a stock drop when the truth came to light, arguing there may have been preferred candidates, but that doesn't mean the interviews were "kabuki."...

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