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Wells Fargo execs settle suit over diverse hiring practices
Yahoo Finance· 2025-09-17 20:00
This story was originally published on Banking Dive. To receive daily news and insights, subscribe to our free daily Banking Dive newsletter. Dive Brief: Wells Fargo and investors have agreed to settle a lawsuit brought against bank executives over their alleged role in “sham” diversity hiring practices. The parties reached a settlement in principle in the shareholder derivative lawsuit Friday “after extensive arms-length negotiations,” according to a Monday court filing in the U.S. District Court for ...