IN RE WELLS FARGO ERISA 401(K) LITIGATION

Case No. 16-CV-3405 (PJS/BRT).

331 F.Supp.3d 868 (2018)

IN RE: WELLS FARGO ERISA 401(K) LITIGATION.

United States District Court, D. Minnesota.

Signed July 19, 2018.

Editors Note
Applicable Law: 28 U.S.C. § 1132
Cause: 28 U.S.C. § 1132 E.R.I.S.A.
Nature of Suit: 791 Labor: E.R.I.S.A.
Source: PACER


Attorney(s) appearing for the Case

Adam J. Levitt , Amy E. Keller , and Daniel R. Ferri , DICELLO LEVITT & CASEY LLC; Robert K. Shelquist and Rebecca A. Peterson , LOCKRIDGE GRINDAL NAUEN P.L.L.P.; Greg G. Gutzler , Richard M. Elias , and Tamara M. Spicer , ELIAS GUTZLER SPICER LLC; W. Daniel "Dee" Miles, III , and Claire E. Burns , BEASLEY ALLEN CROW METHVIN PORTIS & MILES, P.C.; Samuel E. Bonderoff , Jacob H. Zamansky , Edward H. Glenn , and Justin Sauerwald , ZAMANSKY LLC; Michael B. Ershowsky , LEVI & KORSINSKY LLP; Carolyn G. Anderson , June P. Hoidal , and Devon Holstad , ZIMMERMAN REED LLP; and Douglas J. Nill , DOUGLAS J. NILL, PLLC, for plaintiffs.

Russell L. Hirschhorn , Howard Shapiro , and Lindsey Chopin , PROSKAUER ROSE LLP; and Kirsten E. Schubert and Stephen P. Lucke , DORSEY & WHITNEY LLP, for defendants.


ORDER

Plaintiffs Francesca Allen, John Sterling Ross, and Mary Lou Shank are current and former employees of Wells Fargo & Company ("Wells Fargo"). All of them held Wells Fargo stock in their 401(k) accounts. In September 2016, the price of that stock dropped sharply — and plaintiffs...

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