#WellsFargo has agreed to pay $85 million to settle a class-action lawsuit alleging the bank staged “diversity interviews” for jobs that were already filled. The suit claims managers were instructed to interview candidates from underrepresented groups without any intent to hire them.
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Former executive
#JoeBruno first raised the concern, calling the incident “morally and ethically wrong,” per the nytimes. Wells Fargo later fired Bruno in August 2021, saying it was due to combative behavior, but other employees have since backed his claims, saying they too were required to interview “diverse” candidates for closed positions.
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The allegations, spanning February 2021 to June 2022, are detailed in a class-action suit filed by SEB Investment Management, according to charoletteobserver. Wells Fargo has denied wrongdoing, saying “the claims were without merit” and that the bank “does not tolerate discrimination.”
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