Red Lake Nation News - Babaamaajimowinan (Telling of news in different places)

Navajo Nation sues Wells Fargo claiming it was targeted for fake accounts

 

December 13, 2017



The Navajo Nation has sued Wells Fargo, saying its citizens were targeted by workers trying to meet the bank’s aggressive sales quotas.

The lawsuit, filed Tuesday in federal court in Albuquerque, alleges many of the same practices that led to last year’s $185-million settlement between Wells Fargo and regulators, including the creation of unauthorized banking accounts, credit cards and other products.

http://www.latimes.com/business/la-fi-navajo-wells-fargo-20171212-story.html


 

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