A US agency on Thursday ordered Wells Fargo Bank to pay $22 million to a former employee who had repeatedly raised concerns about certain actions within the establishment before being fired.
The Occupational Health and Safety Agency (OSHA) ruled that his firing in 2019 violated the law protecting whistleblowers and that he should therefore be compensated for lost wages, bonuses and benefits. , as well as compensation.
This executive “has repeatedly expressed concerns to officials in his area and to ethics officers about actions he believes violated financial laws,” OSHA said in a statement.
The bank will appeal
Wells Fargo, after his departure, justified his dismissal on the grounds of restructuring, but OSHA investigators determined that other executives in the area had not been treated in the same way.
The bank refutes the agency's findings and will appeal to an administrative judge, a spokesperson said.
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