Preliminary OK Sought For $32.5M Class Settlement In Wells Fargo 401(k) Funds Row

Mealey's (April 6, 2022, 11:52 AM EDT) -- ST. PAUL, Minn. — Participants in Wells Fargo & Co.’s employee retirement plan on April 1 moved in Minnesota federal court for preliminary approval of a $32.5 million class action settlement that would resolve their suit challenging the selection and retention of proprietary funds as investment options....