Written by NACA Advocacy
Protecting consumers from scams, fraud, and deceptive conduct is essential in a time of crisis. In fact, extraordinary situations like the COVID-19 emergency highlight the need for these protections on ordinary days. Wells Fargo and its past track record serve as a good example.
In February, Wells Fargo ended forced arbitration for employees with sexual harassment claims. NACA joined this letter to Wells Fargo HR head David Galloreese to urge Wells Fargo to extend this new policy to all potential claims from employees and customers.
Market Watch: Prudential allegations complicate Wells Fargo’s work with new partners
"If I were a retail customer, I would not trust Wells Fargo just yet... Wells Fargo hasn’t proved that its incentives based culture is gone for good.” -Ira Rheingold, NACA Executive Director
