Banking giant Wells Fargo has agreed to pay $85 million to settle a three-year class-action legal battle in California over claims that it held fake job interviews to meet diversity targets.

AI-generated summary reviewed by our newsroom. Read our AI Policy. Wells Fargo and its shareholders agreed to settle a federal class-action lawsuit alleging the bank misrepresented its diversity, ...

Wells Fargo & Co. agreed to pay $85 million to resolve investors’ class claims that the bank misled them about its diversity ...

The bank has denied all claims but has agreed to a settlement “in principle” over the accusations of sham hiring practices. Wells Fargo has agreed to settle a lawsuit alleging that the company ...

Wells Fargo has settled a DEI lawsuit involving its hiring practices. In 2022, The New York Times published an article detailing the experience of Joe Bruno, a former executive in Wells Fargo’s wealth ...

Wells Fargo & Co. board members agreed to spend $100 million on mortgage assistance for low- and moderate-income borrowers to ...

Wells Fargo agreed to settle a DEI lawsuit alleging sham job interviews. Shareholders claimed the bank misled on hiring practices for high-paying roles. SEC and DOJ closed probes without action; court ...

AI-generated summary reviewed by our newsroom. Read our AI Policy. Wells Fargo agreed to settle a DEI lawsuit alleging sham job interviews. Shareholders claimed the bank misled on hiring practices for ...

Wells Fargo and its shareholders agreed to settle a federal class-action lawsuit alleging the bank misrepresented its diversity, equity, and inclusion hiring initiatives by holding phony job ...