October 19, 2022
Wells Fargo and a pair of wealth advisers who alleged they were improperly discouraged from reporting their overtime hours have agreed to arbitrate their dispute.
September 15, 2022
A Missouri federal judge decertified a nationwide collective of wealth advisers who said Wells Fargo Clearing Services LLC required them to perform off-clock work without adequate pay, dismissing the suit.
June 27, 2022
Wells Fargo Clearing Services LLC asked a Missouri federal court to decertify a nationwide collective of wealth advisers who say they were compelled to perform off-clock work without adequate pay, arguing that there was no evidence that claims arose out of single, company-wide policy to restrict overtime.
January 14, 2021
A Wells Fargo & Co. subsidiary was hit with a putative collective and class action in Missouri federal court from employees who accused the financial services firm of preventing them from reporting all the hours they worked.