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Former Employee Sues Wells Fargo for Defamation

Former Employee Sues Wells Fargo for Defamation

by Starling Insights

Starling Insights Editorial Board

Feb 16, 2023

Observations

The Era of Accountability Culture & Consequences USA Governance, Audit & Regulatory Failures

Earlier this month, Wells Fargo was hit with a defamation suit by Shelley Freeman, the bank's former Los Angeles regional president. The lawsuit alleges that Wells Fargo falsely labeled Freeman as one of the parties responsible for its fake accounts scandal.

At the time of her termination in 2017, Wells Fargo announced that Freeman was one of four senior managers who had been fired based on an investigation into the company's retail banking sales practices and related matters by its Board of Directors.

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