Wells Fargo has been ordered to pay an employee more than $22 million for allegedly improperly terminating the Chicago area-based commercial banking senior manager in violation of the whistleblower protection provisions of the Sarbanes-Oxley Act, according to the DOL Thursday.
Occupational Safety and Health Administration inspectors alleged Wells Fargo terminated the senior manager who had repeatedly voiced concerns to area managers and the corporate ethics line regarding seemingly improper conduct such as wire fraud, the department said.
The $22 million includes back wages, interest, lost bonuses and benefits, front pay, and compensatory damages, according to the department.
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