Fed Board Prevails Over Ex-Wells Fargo Exec's Comp Fight

By Kellie Mejdrich · July 8, 2026, 4:44 PM EDT

Federal bank regulators rightly denied a golden parachute payout of more than $450,000 to a former Wells Fargo executive who was found responsible for significant problems that led to a consent...

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Case Information

Case Title

Richards v. Board of Governors of the Federal Reserve System

Case Number

3:25-cv-03915

Court

California Northern

Nature of Suit

Other Statutes: Administrative Procedures Act/Review or Appeal of Agency Decision

Date Filed

May 05, 2025