BFA partners Nancy Kulesa and Derrick Farrell were featured in a recent Lawdragon article, “BFA Lawyers Set ‘Gold Standard’ in Wells Fargo Settlement.” The piece highlights the firm’s role as co-lead counsel in securing a landmark settlement in a shareholder derivative action against Wells Fargo’s board of directors. The settlement provides $100 million in mortgage assistance for low- and moderate-income borrowers, and U.S. District Judge Trina Thompson praised it as the “gold standard.”
In the interview, our partners discuss the more than three years of litigation behind the settlement, the role investors play in holding corporate boards accountable, and why meaningful governance reforms can create lasting change for companies and the communities they serve.
