A Dozen Female Executives at Wells Fargo Gathered for an Internal Conference to Discuss Gender Bias Within the Firm

Posted on September 6th, 2018 at 10:16 AM

From the Desk of Jim Eccleston at Eccleston Law LLC:

In June, approximately a dozen female executives in Wells Fargo’s management division gathered in Scottsdale, Arizona to discuss their frustration over how the firm has handled issues relating to gender discrimination and gender inequality. 12 out of the 45 female regional managers of Wells Fargo’s wealth management division attended the meeting.

During the meeting, the executives discussed Wells Fargo’s ongoing investigation regarding complaints of gender bias in its wealth-management division. In addition, the attendees discussed the lack of female employees in senior roles at the firm. More specifically, they discussed how to change the fact that, at Wells Fargo, there are fewer management role positions occupied by women compared to other firms around the country.

The attorneys of Eccleston Law LLC represent investors and advisors nationwide in securities and employment matters. The securities lawyers at Eccleston Law also practice a variety of other areas of practice for financial investors and advisors including Securities FraudCompliance ProtectionBreach of Fiduciary DutyFINRA Matters, and much more. Our attorneys draw on a combined experience of nearly 65 years in delivering the highest quality legal services. If you are in need of legal services, contact us to schedule a one-on-one consultation today.

Related Attorneys: James J. Eccleston

Tags: james eccleston, eccleston law, eccleston law llc, eccleston, wells fargo, gender bias

Return to Archive

TESTIMONIALS

Previous
Next

 


It was really fun seeing you fight for us. You have an amazing way of thinking out of the box.


 

Beth M.

LATEST NEWS AND ARTICLES

March 12, 2025
GPB Capital Investors May Receive Some Compensation Under Proposed Distribution Plan

GPB Capital Holdings investors have not received returns on their investments since 2018. According to InvestmentNews, after years of litigation, a court-appointed receiver has submitted a plan to return funds to the 17,000 investors who purchased $1.8 billion in GPB limited partnerships.

March 11, 2025
Former CNBC Analyst Pleads Guilty to $2.7 Million Securities Fraud Scheme

James Arthur McDonald Jr., a former financial advisor and frequent CNBC guest analyst, has agreed to plead guilty to securities fraud, admitting to defrauding investors out of at least $2.7 million, as reported by ThinkAdvisor. The felony charge carries a maximum sentence of 20 years in federal prison.

March 10, 2025
Wells Fargo and Merrill Lynch Settle SEC Charges Over Cash Sweep Program Policies

The Securities and Exchange Commission (SEC) has announced settlements with Wells Fargo Clearing Services LLC, Wells Fargo Advisors Financial Network LLC, and Merrill Lynch, Pierce, Fenner & Smith Incorporated over allegations that they failed to implement proper policies and procedures for their cash sweep programs.