Wells Fargo & Co (WFC) announced on Monday that it would pay a $13.2 million penalty as part of a settlement with the United States Department of Labor to resolve the federal agency’s review of certain transactions involving the bank’s 401(k) retirement plans. The bank also stated that $131.8 million would be paid out to… Continue reading Wells Fargo to a Pay $13M Penalty in 401(k) Case, Another $131.8M to Plan Participants
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