In The Hot Seat: Wells Fargo Displays Arbitration's Failure

Law360, New York (October 3, 2016, 12:56 PM EDT) -- Wells Fargo & Co. has been under fire since it acknowledged in early September that its employees had created more than 2 million unauthorized accounts over several years. While the San Francisco-based bank agreed to pay $185 million in fines and said it had fired 5,300 employees, the settlement sparked public outcry, congressional hearings and multiple lawsuits. In this special series, experts weigh in on the scandal as the company and CEO John Stumpf continue to be blasted by lawmakers, former employees and the general public.

Joe Valenti The recent revelation that Wells Fargo has opened more than 2 million fraudulent accounts since...

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