Wells Fargo Employee Class Seeks $2.6B, Alleges Firings For Not Engaging In Fraud

(September 27, 2016, 11:58 AM EDT) -- LOS ANGELES — Two Wells Fargo Bank employees filed a class complaint in the Los Angeles County Superior Court on Sept. 22 accusing the banking giant’s leaders of creating a fraudulent scheme that cheated customers and drove up the stock price and then firing the low-level employees who refused to participate in the scheme and seeking $2.6 billion in damages (Alexander Polonsky, et al. v. Wells Fargo Bank & Company, et al., No. BC634475, Calif. Super., Los Angeles Co.).

(Complaint available. Document #43-161007-008C.)

Alexander Polonsky and...
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