In re: Wells Fargo & Company Stockholder Derivative Litigation

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA 6 IN RE WELLS FARGO & COMPANY Case No. 20-cv-08750-MMC

STOCKHOLDER DERIVATIVE

LITIGATION

ORDER GRANTING WELLS FARGO &

COMPANY'S MOTION TO DISMISS

CONSOLIDATED SHAREHOLDER

This Document Relates To: DERIVATIVE COMPLAINT

PURSUANT TO RULE 23.

ALL ACTIONS

12 Before the Court is nominal defendant Wells Fargo & Company’s (“Wells Fargo” or “the Company”) motion, filed June 22, 2021, to dismiss the Verified Consolidated Shareholder Derivative Complaint pursuant to Rule 23.1 of the Federal Rules of Civil Procedure. (See Dkt. No. 59.) Defendants Celeste A. Clark (“Clark”), Theodore F. Craver Jr. (“Craver”), Wayne M. Hewett (“Hewett”), Donald M. James (“James”), Maria R. Morris (“Morris”), Charles H. Noski (“Noski”), C. Allen Parker (“Parker”), Richard B. Payne Jr. (“Payne”), Juan A. Pujadas (“Pujadas”), Ronald L. Sargent (“Sargent”), Charles W. Scharf (“Scharf”), John R. Shrewsberry (“Shrewsberry”), Timothy J. Sloan (“Sloan”), and…