Apr
03
Wells Fargo Told to Rehire Whistle-Blower, Pay $5.4 Million
Byhe U.S. government ordered Wells Fargo & Co. to reinstate a former bank manager who was fired after reporting suspected illegal behavior to his superiors and on a company hotline.
The manager, who wasn’t identified, was dismissed in 2010 after reporting on incidents of suspected bank, mail and wire fraud by two bankers in the Los Angeles area, according to a statement Monday from the Occupational Safety and Health Administration. The San Francisco-based lender also was ordered to give the whistle-blower about $5.4 million in back pay, compensatory damages and legal fees after OSHA determined his warnings were at least a contributing factor in the termination…
Wells Fargo Told to Rehire Whistle-Blower, Pay $5.4 Million
