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Wells Fargo $84M ERISA Stock Option Suit Deal Initially OK'd

By Kellie Mejdrich ( December 9, 2025, 3:28 PM EST) -- A Minnesota federal court gave its initial sign-off to an $84 million settlement that Wells Fargo & Co. agreed to pay to end a class action alleging that the bank ran afoul of federal benefits law when it used dividends earned by its employee stock ownership plan to meet its 401(k) matching obligations....

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