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Back to Press Play with Madeleine Brand

Press Play with Madeleine Brand

Fired Wells Fargo employees file class-action lawsuits

The Wells Fargo scandal continues. The bank’s CEO, John Stumpf, went through another round of questioning Thursday on Capitol Hill, where he continued to pin the bank’s troubles on rogue employees. Wells Fargo recently fired more than 5,000 workers for opening accounts for millions of customers without their knowledge.

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By Madeleine Brand • Sep 29, 2016 • 1 min read

The Wells Fargo scandal continues. The bank’s CEO, John Stumpf, went through another round of questioning Thursday on Capitol Hill, where he continued to pin the bank’s troubles on rogue employees. Wells Fargo recently fired more than 5,000 workers for opening accounts for millions of customers without their knowledge. But two class action lawsuits have been filed that suggest the scandal could reflect a wider culture of corruption inside the bank. Former employees are alleging that they were punished, demoted or even fired for not doing things like setting up fake accounts and even for blowing the whistle on such activities. Press Play spoke with the employment lawyer handling the worker class actions.

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Madeleine Brand

    Host, 'Press Play'

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Matt Holzman

    Producer, 'The Document'

  • https://images.ctfassets.net/2658fe8gbo8o/AvYox6VuEgcxpd20Xo9d3/769bca4fbf97bf022190f4813812c1e2/new-default.jpg?h=250

    Anna Scott

    Former KCRW Housing and Homelessness Reporter

  • KCRW placeholder

    Jolie Myers

    Managing Producer, 'Press Play'

  • KCRW placeholder

    Jonathan Delshad

    Lawyer

    News
Back to Press Play with Madeleine Brand