wells 03Wells Fargo admits it has seen signs of retaliation against workers


This is a bizjournals.com article.


Wells Fargo now says it has found signs that the bank retaliated against workers who raised questions about aggressive sales tactics and illegal account openings that lead to its ongoing fake accounts scandal.

“Wells Fargo CEO Tim Sloan said last week in a town hall meeting that the bank has reviewed all reports made by its employees to the confidential ethics line over the past five years where the callers identified themselves. That was roughly 40 percent of callers to the hotline,” CNN Money reports.Wells Fargo hired an unnamed third party to look into cases where employees were terminated within 12 months of calling the ethics line.”

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