Wells Fargo Fights To Drop Officers From Investors' Bias Suit
By Bonnie Eslinger ( January 14, 2025, 11:30 PM EST) -- Wells Fargo & Co. urged a California federal judge Tuesday to free three executives from a derivative lawsuit filed by shareholders claiming the bank's leadership failed to address the company's discriminatory lending and hiring practices, saying there are no allegations that explain why a presuit demand to the board would have been futile....
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