Daily Archives: February 8, 2017

Seattle becomes the first city to sever ties with Wells Fargo in protest of Dakota Access pipeline

The Seattle City Council voted 9-0 Tuesday to cut banking ties with Wells Fargo because of the bank’s role as a lender to the Dakota Access Pipeline project. The city will not renew its contract, which continues through 2018.

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Former Wells Fargo employees sue over firings tied to background checks

Eleven former Wells Fargo employees sued the bank Monday over being fired based on background checks showing minor criminal violations that in some cases were decades old or expunged from their records.

The bank conducted the background checks after a 2008 federal law did not allow banks and mortgage companies to employ people with criminal violations involving dishonesty.

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