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Additionally, Wells Fargo in April 2017, was ordered by the Occupational Safety and Health Administration to pay $5.4 million to a former employee who reported potential fraud and was fired in ...
Wells Fargo last month terminated over a dozen ... It wasn’t clear from the regulatory disclosures if the employees were fired for allegedly faking active work from home, the report added.
And the firm's mortgage employees, like Laurel and Halvorson, have recently faced layoffs and firings in their unit. Earlier this year, Wells Fargo fired mortgage staff handling loan processing ...
Wells Fargo has revised previously announced layoff numbers to more workers at its Jordan Creek campus in West Des Moines.
Wells Fargo & Co. is appealing to the federal Fourth Circuit of Appeals a $22 million jury award in an Americans with Disabilities Act lawsuit involving a fired employee. A federal jury in the ...
Wells Fargo is on the hook for $185 million ... The company, which is the largest US bank by market capitalization, has fired some 5,300 employees in connection with the scandal, in which workers ...
The lawsuit alleged that, in the early days of the pandemic, Wells Fargo put hundreds of thousands of mortgages into forbearance — sometimes without the borrowers even knowing it or asking for it.
"Wells Fargo fired or demoted employees who failed to meet unrealistic quotas while at the same time providing promotions to employees who met these quotas by opening fraudulent accounts," the ...
Wells Fargo has laid off less than 10 employees in its investment-banking operation in Charlotte and New York, the San Francisco-based lender said Thursday. The employees worked in the bank’s ...
Nick Weiner, an organizer with the Committee for Better Banks, said the Wells Fargo effort grew out of whistleblowing efforts in 2016 about employees opening fake bank accounts to meet unrealistic ...
FARGO — Fargo leaders are planning to use the recently passed public safety sales tax to restructure its pay for all police and fire employees. All fire and police department employees will ...