---
schema_version: "secwatch.filing_event.v1"
accession: "0000072971-25-000134"
form_type: "8-K"
ticker: "WFC"
cik: "0000072971"
company_name: "WELLS FARGO & COMPANY/MN"
filed_at: "2025-04-30T23:59:59+00:00"
generated_at: "2026-05-23T02:59:53.479641+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Wells Fargo proposes $100M derivative settlement over regulatory oversight claims

## Summary
- D&O insurers to pay $100M to Wells Fargo; no direct payments to shareholders.
- Corporate governance reforms already implemented per the settlement stipulation.
- Plaintiffs' counsel awarded $33.3M in Wells Fargo common stock subject to court approval.
- Settlement hearing set for July 24, 2025 in San Francisco Superior Court.
- Derivative action alleged failures in overseeing CFPB, OCC, FRB consent orders.

## SEC filing metadata
- accession: 0000072971-25-000134
- form_type: 8-K
- ticker: WFC
- cik: 0000072971
- company_name: WELLS FARGO & COMPANY/MN
- filed_at: 2025-04-30T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/72971/000007297125000134/0000072971-25-000134-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/72971/000007297125000134/wfc-20250423.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000072971-25-000134
- JSON: https://secwatch.observer/filing/0000072971-25-000134.json
- Plain text: https://secwatch.observer/filing/0000072971-25-000134.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.