Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

Overview

Basic information

Litigation

Active legal matters

Material Events

8-K disclosures

SEC Filings

Key regulatory docs

Insider Transactions

Ownership changes

WELLS FARGO & COMPANY/MN (WFC) Class Action Lawsuit (October 2020)

Closed

22-16501 • October 30, 2020

Class Period Start

October 13, 2017

Class Period End

October 13, 2020

PSLRA Deadline

December 29, 2020

Case Allegations

10b5

Statutes of Repose

Oct 13, 2020

Country

United States

Court

Federal Court

Docket History

Jan 11, 2023

Voluntary Dismissal

The plaintiff in this action has chosen not to proceed with the case. Once a case is voluntary dismissed, the courts will usually close the case and no further action will be taken.

Sep 29, 2022

On Appeal

May 6, 2022

Motion to Dismiss Granted

The court has granted the defendants' request to dismiss the lawsuit. Depending on the court's decision, the plaintiffs may be allowed to file an updated complaint or pursue an appeal.

Apr 4, 2022

Second Amended Complaint

A new complaint has been filed on behalf of certain investors in WELLS FARGO & COMPANY/MN. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Oct 12, 2021

Motion to Dismiss

After reviewing the complaint(s) filed by plaintiffs, defendants have filed a motion requesting that the court dismiss some or all of the plaintiffs' claims. In a motion to dismiss, defendants might challenge the validity of plaintiffs' claims or adequacy of plaintiffs' pleadings. Once a motion to dismiss is filed, the judge will make a decision on whether part or all of the case should be dismissed or the case can proceed as alleged.

Sep 30, 2021

Voluntary Dismissal

The plaintiff in this action has chosen not to proceed with the case. Once a case is voluntary dismissed, the courts will usually close the case and no further action will be taken.

Aug 31, 2021

First Amended Complaint

A new complaint has been filed on behalf of certain investors in WELLS FARGO & COMPANY/MN. Amended complaints may contain additional facts, parties, allegations, a change in the class definition, etc.

Jun 22, 2021

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Mar 15, 2021

Appointment of Lead Plaintiff

The court has appointed a lead plaintiff to represent the interests of investors in the lawsuit. The lead plaintiff works with the attorneys handling the case, helps oversee the litigation, and represents the interests of the proposed class.

Oct 30, 2020

First Filed Complaint

A securities fraud class action complaint has been filed on behalf of certain investors in WELLS FARGO & COMPANY/MN.

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