Wells Fargo Ends Fight with a Whistleblower in Fake-Accounts Scandal
Wells Fargo has put an end to a well-publicized fight with a former retail bank manager who blew the whistle on its sham-accounts scheme that ultimately affected 3.5 million Americans. Both sides say they reached a settlement this month, though its terms are confidential. The agreement signals a possible shift in legal strategy for Wells as it appears to be the first instance in which the bank has voluntarily ended one of its lengthy fights with any of the whistleblowers it fired after they spoke up about the creation of fake accounts.
To read the full article in FinancialPlanning, click: Wells Fargo Ends Fight with a Whistleblower in Fake-Accounts Scandal.