SEB Investment Management AB et al v. Wells Fargo & Company et al

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Case overview

Case Number:

3:22-cv-03811

See also:

Court:

California Northern

Nature of Suit:

Securities/Commodities

Multi Party Litigation:

Class Action

15:78m(a) Securities Exchange Act

Judge:

Trina L Thompson

Firms

Companies

Sectors & Industries:

  1. August 30, 2022

    4 Firms Vie To Lead Wells Fargo Investor Suit Over Hiring

    Four firms including Saxena White PA have submitted competing bids to serve as lead counsel in a proposed investor class action accusing Wells Fargo of conducting fake job interviews to satisfy internal diversity guidelines.

  2. June 29, 2022

    Wells Fargo Faces Top Dem's Wrath, Investor Suit Over Hiring

    Wells Fargo has been hit with a proposed investor class action tied to allegations that the bank conducted fake job interviews to satisfy internal diversity guidelines, a claim that is also fueling a top Democratic lawmaker's call for a regulatory crackdown on the bank to end its "pattern of bad behavior."