Wells Fargo Bank Is Still in the Woods

A federal judge Tuesday refused to dismiss most of the shareholder class action claims against Wells Fargo and its senior executives and directors accused of misleading investors about the phony accounts scandal that cost the bank more than $300 million in penalties.

SAN FRANCISCO — A federal judge Tuesday refused to dismiss most of the shareholder class action claims against Wells Fargo and its senior executives and directors accused of misleading investors about the phony accounts scandal that cost the bank more than $300 million in penalties.

Categories / Securities

Subscribe to our free newsletters

Our weekly newsletter Closing Arguments offers the latest about ongoing trials, major litigation and rulings in courthouses around the U.S. and the world, while the monthly Under the Lights dishes the legal dirt from Hollywood, sports, Big Tech and the arts.