Wells Fargo Ex-Exec Isn't Owed Payout, Fed Again Tells Court

By Sydney Price · April 27, 2026, 7:44 PM EDT

The Federal Reserve has dug in on its stance that a former Wells Fargo anti-money laundering executive is not entitled to a "golden parachute" payout of over $450,000, telling a California...

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Documents

Case Information

Case Title

Richards v. Board of Governors of the Federal Reserve System

Case Number

3:25-cv-03915

Court

California Northern

Nature of Suit

Other Statutes: Administrative Procedures Act/Review or Appeal of Agency Decision

Date Filed

May 05, 2025