Wells Fargo Whistleblower in Sham-Accounts Scandal Wins Reinstatement, Back Pay
Updated 4:53 p.m.The U.S. Labor Department on Friday ordered Wells Fargo & Co. to reinstate a former branch manager fired for blowing the whistle on…
July 21, 2017 at 04:25 PM
4 minute read
The original version of this story was published on Law.com
Updated 4:53 p.m.
The U.S. Labor Department on Friday ordered Wells Fargo & Co. to reinstate a former branch manager fired for blowing the whistle on three subordinates who were opening new accounts for customers without their knowledge—the conduct at issue in the bank's $185 million settlement last year with federal regulators and the Los Angeles City Attorney's Office.
Wells Fargo must pay the whistleblower, who was terminated in 2011, more than $577,500 in back pay, damages and legal fees, and the bank was told to post a notice alerting employees of their federal whistleblower protections, the Labor Department said.
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