May 04, 2017
An Illinois federal judge signed off on a $35.5 million settlement between Wells Fargo Advisors LLC and a class of the bank’s African-American employees Thursday, ending the class’s claims of discriminatory treatment with changes to programs they said encouraged racial disparities.
May 01, 2017
Wells Fargo financial advisers claiming the bank systematically limited pay and advancement opportunities for African-Americans asked an Illinois federal court Friday to give a final stamp of approval to a $35.5 million settlement that also includes various systemic changes designed to promote diversity.