Lieff Cabraser Heimann & Bernstein and Boca Raton-based Saxena White have been selected to lead a shareholder derivative class action against Wells Fargo & Co., winning out over competing firms that have clients with hundreds of thousands of more shares in the bank.
The suits stem from revelations last September that Wells Fargo employees had been pressured to open more than 2 million unauthorized deposit and credit card accounts on behalf of bank customers and the subsequent blow to the company’s stock and finances.
