Wells Fargo beat shareholders’ lawsuit accusing it of conducting fake interviews of nonwhite and female candidates, Reuters reported Monday.
In a ruling Friday, Judge Trina Thompson, of the U.S. District Court for the Northern District of California, said shareholders could not show that the bank conducted widespread sham interviews — or that such interviews took place. Further, sensible investors would not expect the bank to conduct interviews for positions that had already been filled, Thompson added.