WFC · News · 20260825N

Discrimination Settlement

WELLS FARGO & COMPANY/MN · 2026-08-25 · Importance 28 · Surprise 42

The 4th U.S. Circuit Court of Appeals dismissed most claims in a disability-discrimination case against Wells Fargo. The court vacated punitive damages and emotional-distress awards from a $22.1 million jury verdict but upheld an ADA retaliation claim. A $14 million front-pay award remained in place after the ruling, involving a managing director terminated after requesting a permanent work-from-home accommodation during a company-wide reduction in force.

Key facts

• The 4th U.S. Circuit Court of Appeals dismissed most ADA and North Carolina Equal Employment Practices Act claims against Wells Fargo, significantly reducing a $22.1 million jury award. source
• The 4th Circuit vacated punitive damages and emotional distress awards against Wells Fargo but allowed a $14 million front pay award to stand. source