Link

No Bias in Denying Visa Renewals at Wells Fargo: Federal magistrate ruled

No Bias in Denying Visa Renewals at Wells Fargo: Federal magistrate ruled

 (CN) – Wells Fargo & Co. did not interfere with an Indian man’s rights to severance benefits by refusing to renew his immigrant visa, a federal magistrate ruled.
     The bank hired Vinay Karamsetty in 2007 as a web developer, but the Indian citizen said he resigned in 2010 after the company announced it was laying off H-1B visa workers like himself.
     Because of the economic climate at the time and a merger with Wachovia Mortgage, Wells Fargo had implemented a new policy ending its employer-sponsorship of immigrant visa applications and extensions.
     Karamsetty claimed in his federal class action that the bank’s forced resignations denied workers tens of thousands of dollars in severance benefits. Claiming that the bank violated the Employee Retirement Income Security Act and its own Salary Continuation Pay Plan, he sought more than $42,000 in damages.
     Karamsetty also charged Wells Fargo with discrimination.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s