By Steve Kardell | Published December 10, 2020 | Posted in Employee Rights | Tagged Tags: discrimination, employment discrimination, OFCCP, Wells Fargo |
Wells Fargo agreed to pay $7.8 million to settle national claims that it routinely discriminated against black and female job applicants, a violation of antidiscrimination laws. According to the U.S. Department of Labor’s Office of Federal Contract Compliance Programs, the national banking institution discriminated against more than 34,000 black applicants for various roles, and 308 Read More
Read MoreA company filed a lawsuit against Wells Fargo on behalf of small business owners, alleging the bank took unfair actions against small businesses seeking COVID-19 relief through the Paycheck Protection Program (PPP). The PPP was implemented as a means of incentivizing small businesses throughout the United States to avoid worker layoffs and offer up to Read More
Read MoreWells Fargo is once again the subject of public criticism not even a year after its major fake account scandal. This time, the subject is how the company issues automotive loans. The New York Times recently broke the news of a Federal Reserve Bank of San Francisco investigation into Wells Fargo’s auto loan policies after Read More
Read MoreBanking giant Wells Fargo must reinstate a former manager who was fired after he reported possible fraud happening within the organization. The order comes from the U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA), which is forcing the bank to pay the employee back wages, attorneys’ fees and other monetary damages in amounts Read More
Read MoreFour senior managers have been let go from Wells Fargo due to their alleged connection to last year’s scandal involving more than 1.5 million fake bank accounts that were opened in customers’ names. The board of directors approved the terminations unanimously, taking the action as part of an ongoing independent investigation into the wrongdoing. Among Read More
Read MoreFor several months, Wells Fargo & Co. has been dealing with a fake accounts scandal that has made national news — and now the issue has extended to Prudential Financial, Inc. The company recently suspended its business operations with Wells Fargo after a whistleblower filed a lawsuit accusing the company of selling fraudulent life insurance Read More
Read More