Tag: Wells Fargo Scandal

Wells Fargo Agrees to Pay $3 Billion to Resolve Criminal Investigations

Attorney Review Guide
February 24, 2020

Wells Fargo & Company and its subsidiary, Wells Fargo Bank, N.A., have agreed to pay $3 billion to resolve their potential criminal and civil liability stemming from a practice between 2002 and 2016 of pressuring employees to meet unrealistic sales goals that led thousands of employees to provide millions of accounts or products to customers […]

Wells Fargo Executives Leave Amid Scandal

Attorney Review Guide
October 29, 2018

Wells Fargo Executives Leave Amid Legal Scandal Two top executives at Wells Fargo & Co. have been asked by the bank to go on leave and step back from their roles on the Operating Committee. Wells Fargo and Co. announced this and it is in connection to the ongoing regulatory reviews into the bank’s retail […]