U.S. district judge Trina L. Thompson has dismissed a lawsuit against Wells Fargo & Co. that alleged the bank held fake job interviews for positions that...
U.S. district judge Trina L. Thompson has dismissed a lawsuit against Wells Fargo & Co. WFC, +0.06% that alleged the bank held fake job interviews for positions that were already filled in order to boost its diverse hiring score card. “As the Court noted during oral argument, it is unlikely that records of sham interviews were explicitly created,” Thompson said in her dismissal, according to a court filing made on Friday. The suit was filed in U.S.
District Court in the Northern District of California after reports surfaced in May of 2022 about allegedly phony job interviews. The plaintiffs in the case included SEB Investment Management AB and the West Palm Beach Firefighters’ Pension Fund. Defendants included Wells Fargo chief executive Charles W. Scharf, and Kleber Santos, chief executive of the bank’s consumer lending unit. A Wells Fargo spokesperson did not comment. Wells Fargo stock was up 0.2% on Wednesday.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Wells Fargo defeats shareholder lawsuit over fake job interviewsWells Fargo won the dismissal of a lawsuit accusing the fourth-largest U.S. bank of defrauding shareholders by touting its commitment to hiring diversity while its managers were conducting sham interviews of non-white and female job candidates.
Weiterlesen »
Wells Fargo Homebuyer Access grantsWells Fargo has launched a new homeownership down payment program designed to help buyers purchase homes in majority Black census tracts.
Weiterlesen »
Execution the key for Suncor Energy, claims Wells Fargo By Investing.comExecution the key for Suncor Energy, claims Wells Fargo
Weiterlesen »
Fargo Season 5 Detail Is Already Promising To Fix A Divisive Season 4 ChangeFargo season 5 can rectify season 4's mistakes.
Weiterlesen »
As credit-card debt tops $1 trillion, smaller banks see a worrisome trendSmaller banks are seeing credit-card delinquencies hit record levels as many consumers exhaust their credit, according to the Wells Fargo Investment Institute.
Weiterlesen »
Dallas County non-profits surprised with $300,000 in grantsThe groups received a combined $300,000 from the Wells Fargo Foundation to help build lives, homes and hope.
Weiterlesen »