Daily Archives: July 19, 2017

Former San Antonio branch manager for Wells Fargo sues bank over illegal sales practices

A former manager of a local Wells Fargo Bank branch accused the lender of forcing her out after she refused to go along with the illegal sales practices that cost the bank $185 million in regulatory fines last year, according to a new lawsuit.

Rachael DeBoy of Cibolo seeks as much as $1 million in damages from the San Francisco-based institution, saying she resigned in 2013 to avoid termination because of her inability to reach the bank’s “fraudulent sales goals.”

DeBoy said she refused to go along with “unethical company practices” reinforced by a manager who was filling in for her while she was on maternity leave.

Read on.