Wells Fargo Can't Beat Inflated Stock Option Suit

By Grace Elletson (February 13, 2024, 8:13 PM EST) -- A Minnesota federal judge on Tuesday rejected Wells Fargo & Co.'s request to toss a proposed class action claiming the banking giant used its $40 billion employee retirement plan to buy company stock options at an inflated value to shoulder the company's 401(k) matching burden....

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