Tag Archives: Wells Fargo scandal
Wells Fargo Claws Back Millions from Former Executives After Accounts Scandal
In the wake of its major scandal involving millions of unauthorized accounts opened in its customers’ names, Wells Fargo is “clawing back” more than $75 million from former top executives. The bank announced the effort in April after an internal investigation found that its former executives did not act quickly enough to look into the […]
Wells Fargo Scandal Could Lead to Major Whistleblower Liability for Businesses
Americans have been shocked by news reports about false accounts at Wells Fargo Bank, which led to $185 million in fines and the firing of 5,300 employees. With such widespread misconduct, it is natural to ask whether workers attempted to report the illegal behavior to supervisors. Many former employees have come forward to declare that […]
