Pomerantz Appointed Lead Counsel in Wells Fargo Securities Litigation

On June 22, 2021, U.S. District Judge William Alsup of the Northern District of California appointed Pomerantz LLP as Lead Counsel on behalf of the Hawaii Employees' Retirement System, the Lead Plaintiff in Mullen v. Wells Fargo & Company et al., 20-cv-7997 (N.D. Cal.), a securities action brought on behalf of a class of defrauded investors concerning allegations that Wells Fargo & Company had misled investors about the strength of its commercial loan operations and failed to follow appropriate underwriting…