Ex-Worker Says Wells Fargo Let Visas Expire, Denied Severance

Law360, New York (March 20, 2012, 4:39 PM EDT) -- A former Wells Fargo & Co. employee hit the bank with a putative class action Monday in California, alleging Wells Fargo decided not to renew foreign employees' visas in order to force employees to quit so they would not have to pay them severance benefits.

The employees allege that Wells Fargo violated the Employee Retirement Income Security Act when, following its merger with Wachovia Bank NA, the bank instituted a companywide policy not to renew employees' H-1B visas upon expiration then denied severance pay to the...
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