OSHA Orders Wells Fargo to Reinstate Whistleblower

The bank has been ordered to fully restore the former manager's lost earnings in the banking industry. Wells Fargo plans to appeal.

  • Apr 05, 2017

OSHA announced it has ordered Wells Fargo Bank N.A. to compensate and reinstate a former bank manager who lost his job after reporting fraudulent behavior to superiors and a bank ethics hotline.

The manager was dismissed from his position at a Wells Fargo in Los Angeles after he reported separate incidents of suspected bank, mail, and wire fraud by two bankers under his supervision, according to OSHA's release. The agency enforces the whistleblower provisions of the Sarbanes-Oxley Act and 21 other whistleblower laws.

An OSHA investigation concluded the whistleblower activity was at least a contributing factor in his termination. Wells Fargo has been ordered to fully compensate the employee for lost earnings during his time out of the banking industry. Wells Fargo can appeal the order before the Labor Department's Office of Administrative Law Judges, but that would not stay the preliminary reinstatement order.

Wells Fargo plans to appeal the order, NPR reported, citing a statement from the company.

Product Showcase

  • SECUPRO MARTEGO

    FOR HIGHEST DEMANDS. A cutting tool in which function and design go hand in hand. Meet the SECUPRO MARTEGO, our prize-winning squeeze-grip safety knife with fully automatic retractable blade for safety. • Ergonomically friendly trigger mechanism to engage the blade • Durable body made of aluminum • Safer alternative to fixed blade utility knives for general cutting tasks • 9 mm Cutting depth • Easy, tool free blade change Dimensions: L 6.10" L x 0.71" W x 1.91" H Weight: 3.70 oz Cutting Depth: 9 mm Read More

  • Safety Shower Test Cart

    The Safety Shower Test Cart speeds up and simplifies emergency shower tests, ensures you stay in compliance with OSHA regulations, and significantly reduces testing costs. With 7 unique features, the cart makes testing easy, effective, and efficient. You can test water clarity, flow, temperature, and spread—all at the same time! Most safety shower testing kits create a mess, take too much time to use, and don't fully help you stay in compliance with OSHA & ANSI standards. Transform the way you test emergency showers with Green Gobbler Safety. Read More

  • The MGC Simple Plus

    The MGC Simple Plus is a simple-to-use, portable multi gas detector that runs continuously for three years without being recharged or routinely calibrated after its initial charge and calibration during manufacturing. The detector reliably tests a worksite’s atmosphere for hydrogen sulfide, carbon monoxide, oxygen and combustible gases (LEL). Its durability enables the detector to withstand the harshest treatment and environments, hence earning it an IP 68 rating. The MGC Simple Plus is also compatible with a variety of accessories, such as the GCT External Pump. Visit gascliptech.com for more information. Read More

Featured

Most   Popular

Artificial Intelligence