Plan Participants Ask 8th Circuit To Reverse Dismissal Of Their ERISA Claims

Mealey's (October 15, 2018, 12:10 PM EDT) -- ST. LOUIS — Participants in and beneficiaries of the Wells Fargo & Co.'s 401(k) Plan on Oct. 10 appealed to the Eighth Circuit U.S. Court of Appeals to reverse a lower federal court’s ruling that dismissed their Employee Retirement Income Security Act lawsuit alleging that Wells Fargo & Co. encouraged and caused employees to sign up customers for unauthorized and unwanted accounts and other banking products to generate inflated share price growth (Francesca Allen, et al. v. Wells Fargo & Co., et al., No. 18-2781, 8th Cir.)....

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