Wells Fargo Can't Beat Inflated Stock Option Suit
Wells Fargo Can't Beat Inflated Stock Option Suit <https://www.law360.com/banking/articles/1797576?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-02-14&read_main=1&nlsidx=0&nlaidx=2> By Grace Elletson A Minnesota federal judge on Tuesday rejected Wells Fargo & Co.'s request to toss a proposed class action claiming the banking giant used its $40 billion employee retirement plan to buy company stock options at an inflated value to shoulder the company's 401(k) matching burden. Read full article » <https://www.law360.com/banking/articles/1797576?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-02-14&read_more=1&nlsidx=0&nlaidx=2> | Save to favorites » <https://www.law360.com/banking/articles/1797576?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-02-14&read_later=1&nlsidx=0&nlaidx=2>
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Gunnar Larson