Topline
Wells Fargo will pay $125 million in fines to the Securities and Exchange Commission after employees were found to be using WhatsApp or personal text messages and emails to conduct business that legally needed better record-keeping, regulators said Tuesday, adding to the long list of legal run-ins the company has had.
Timeline
The Occupational Safety and Health Administration ordered Wells Fargo to pay $5.4 million to a former Wells Fargo employee and whistleblower who was illegally fired in 2010 after reporting potential fraud to a hotline (Wells Fargo denied the allegation).
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