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Williams v. Wells Fargo Advisors, LLC
Case Number:
1:14-cv-01981
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Nature of Suit:
Multi Party Litigation:
Class Action
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July 19, 2017
Wells Fargo Advisors Seek Delay Of $3.5M Wage Deal
A group of Wells Fargo Advisors LLC employees sought Tuesday in Illinois federal court to intervene in a $3.5 million settlement between the megabank and a proposed class of its workers, saying they are party to different arbitration litigation with the bank and that the deal will directly impact them and their cases.
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July 14, 2017
Wells Fargo Settles Financial Advisers' Wage Suit For $3.5M
A putative class of Wells Fargo Advisors LLC employees asked an Illinois federal judge to approve a $3.5 million settlement on Thursday and end the group's Fair Labor Standards Act suit that said the banking giant set up its financial adviser trainees for expensive failure.