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Asbestos Workers Philadelphia Pension Fund et al v. Scharf et al
Case Number:
3:23-cv-01168
See also:
Court:
Nature of Suit:
Multi Party Litigation:
Derivative Litigation
Judge:
Firms
Companies
Sectors & Industries:
-
June 23, 2023
Wells Fargo Investors Fight To Keep Hiring Scheme Suit Alive
Shareholders who claim Wells Fargo directors breached their fiduciary duties by allowing a botched diverse hiring initiative urged a federal judge on Friday not to nix their derivative suit, arguing the individual board members knew about the disingenuous hiring process the company is accused of implementing.
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May 23, 2023
Wells Fargo Wants Suit Over Diverse Hiring Practices Canned
Wells Fargo wants to shed a shareholder derivative action accusing its brass of breaching their fiduciary duties after media reports claimed the banking giant botched a hiring initiative aimed at promoting diversity by interviewing "diverse" candidates for jobs that had already been filled.
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March 16, 2023
Minorities Face Bias At Wells Fargo, Derivative Suit Says
Wells Fargo shareholders have claimed that the diversity, equity and inclusion efforts of the bank's board have failed, alleging that Wells Fargo discriminates against minority job applicants, employees and borrowers.