Figas v. Wells Fargo & Co ERISA-Retirement Fund Mismanagement Class Action Settlement

We serve as lead counsel in this lawsuit against banking giant Wells Fargo. Wells Fargo used its own mutual funds for its billion dollar 401(k) plan without really considering cheaper institutional funds. We recovered $17.5 million to settle breach of fiduciary duty and class action claims against Wells Fargo for mismanaging Wells Fargo retirement plan.