Wells Fargo & Co. News

Wells Fargo Sued Over Drug Costs in Employee Health Plan

Wells Fargo & Co. was accused of overpaying for prescription drugs by former employees, who claim mismanagement of the bank’s health plan drove up costs for workers. A lawsuit filed in federal court in Minnesota Tuesday alleges that the country’s …

Wells Fargo Racial Disparity Case Heads to Class Action Decision

Wells Fargo & Co. faces a decision as soon as this month on whether a lawsuit over its pandemic-era mortgage denials to non-White applicants gets class-action status, a key turning point in a high-profile and potentially costly case. The bank, …

Wells Fargo Bond Saleswoman Claims Pay Bias in ‘Boys Club’ Team

A Wells Fargo & Co. bond saleswoman sued the bank for sex discrimination, claiming she was denied the same promotions and pay as men and forced to endure a “boys’ club” environment. Michal Leavitt, a onetime Bear Stearns managing director, …

Viewpoint: The Risks of Recording Business Calls

You might ask what Kamala Harris was best known for prior to becoming the first female vice president in US history. One piece of notoriety was, as attorney general of the state of California, she oversaw the prosecution of Wells …