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The Court granted Final Approval of the Settlement on August 31, 2022, and the Settlement is now final.
Settlement distributions have been released to eligible class members.

Wells Fargo ERISA Settlement

Becker, et al. v. Wells Fargo & Company, et al.
Case No. 0:20-cv-02016
United States District Court for the District of Minnesota

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Frequently Asked Questions

Learn How This Settlement Affects Your Rights and Get Answers to Your Questions About the Settlement

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Court Documents

Welcome to the Wells Fargo ERISA Fee Settlement Home Page.

A settlement has been approved resolving claims by Former and Current Participants in the Wells Fargo & Company 401(k) Plan (the “Plan”) who invested in certain Plan investments (“Challenged Funds”) since March 13, 2014 through the date on which the Settlement becomes Final.

The Settlement resolves a lawsuit over whether those responsible for selecting and monitoring the Challenged Funds complied with their fiduciary duties under the Employee Retirement Income Security Act of 1974 (“ERISA”).

The Court granted Final Approval to the Settlement on August 31, 202, and the Settlement is now final.  Settlement distributions are expected to occur in early 2023.

This website is provided as a service to eligible settlement participants. The information provided is in summary form and is not intended as a complete explanation of your rights. For full and complete information, you are directed to review carefully the Class Notice.

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