Support for LAist comes from
Become a sponsor
Audience-funded nonprofit news
Donate
Stay Connected

LAist is part of Southern California Public Radio, a member-supported public media network.

Audience-funded nonprofit news
Listen
Donate
Podcasts Take Two
Times reporter reveals how he broke the Wells Fargo story
solid orange rectangular banner
()
Take Two Logo
May 5, 2015
Listen • 6:02
Times reporter reveals how he broke the Wells Fargo story
According to the complaint, Wells Fargo encouraged employees to engage 'in unfair, unlawful and fraudulent conduct' through high-pressure sales.
a line of ATMs at a Wells Fargo branch
a line of ATMs at a Wells Fargo branch
(
Picasa
)

According to the complaint, Wells Fargo encouraged employees to engage 'in unfair, unlawful and fraudulent conduct' through high-pressure sales.

The city of Los Angeles on Monday filed suit against the largest California-based bank, Wells Fargo.

According to the complaint, Wells Fargo encouraged employees to engage "in unfair, unlawful and fraudulent conduct" through high-pressure sales. 

The suit was sparked by an investigation in 2013 by the Los Angeles Times.

E. Scott Reckard wrote the story, and he joins the show with more.