28
August
Wells Fargo Pays $7.8 Million in Discrimination Settlement
Wells Fargo will pay former job applicants $7.8 million in back wages to settle discrimination claims. The U.S. Department of Labor accused Wells Fargo of discriminating against thousands of job applicants on the basis of race and sex. The bank allegedly discriminated against 34,193 black applicants and 308 female applicants for banking, sales, customer service, and administrative positions. Wells Fargo has settled at least two prior employment discrimination lawsuits, most recently in 2019.
Wells Fargo’s Response
As part of this settlement, Wells