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Randall et al v. Greatbanc Trust Company et al
Case Number:
0:22-cv-02354
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Bailey & Glasser
- Barack Ferrazzano
- Cohen Milstein
- Faegre Drinker
- Feinberg Jackson
- Nichols Kaster
- Proskauer Rose
Companies
Sectors & Industries:
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January 23, 2025
Wells Fargo Workers Score Class Cert. In Stock Option Suit
Former employees of Wells Fargo & Co. have received certification for their proposed class in litigation in Minnesota federal court alleging the bank used dividends earned by its employee stock ownership fund to defray its 401(k) matching obligations.
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February 13, 2024
Wells Fargo Can't Beat Inflated Stock Option Suit
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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September 27, 2022
Workers Sue Wells Fargo On Heels Of $145M DOL Settlement
Former Wells Fargo workers hit the banking giant with a proposed class action claiming it violated federal benefits law by overcharging their 401(k) plan for stock options, two weeks after Wells Fargo agreed to pay $145 million following a U.S. Department of Labor probe into the plan's management.