Wells Fargo

U.S. orders Wells Fargo to reinstate whistle-blower and pay $577,500 in compensation

U.S. orders Wells Fargo to reinstate whistle-blower and pay $577,500 in compensation

The U.S. Labor Department has ordered Wells Fargo & Co. to reinstate another former employee who alleged she was fired after reporting part of the widespread fraud that engulfed the bank in a major scandal.

The whistle-blower, a former branch manager in Pomona, will be reinstated and paid $577,500 in back wages, damages and other compensation, , the agency said, based on an investigation by the department’s Occupational Safety and Health Administration.

The Labor Department does not release the names of whistle-blowers.

San Francisco-based Wells Fargo issued a statement saying that, while “we take seriously the concerns of current and former team members,” the ruling...

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