LAW360 - Law 360

Wells Fargo Settles $85 Million Lawsuit Over "Sham" Interviews Wells Fargo & Co. has agreed to pay $85 million to settle a class action lawsuit brought by investors. The lawsuit accused the company of conducting "sham" job interviews to meet diversity quotas. This settlement resolves a yearslong legal dispute before it could proceed to trial in a California federal court.

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Published on Oct. 16th, 2025 Published on Oct. 16th, 2025

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