Wells Fargo (WFC) Faces Lawsuit Over Employees High Drug Costs
Wells Fargo(WFC) ZACKS·2024-07-31 22:26
Wells Fargo & Company (WFC) is facing a class action lawsuit alleging that it mismanaged its employee health insurance plan, forcing thousands of U.S.-based employees to overpay for prescription medications.The proposed class action was filed in Minnesota federal court, claiming that the bank violated a federal law requiring firms to manage employee health and retirement programs properly. This legal action was filed by four former workers, which follows a pattern of increased scrutiny of Wells Fargo.Per fo ...