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Senators Ask Labor Chief Whether Wells Fargo Broke Overtime Laws

September 23, 2016

Via: TheStreet
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Wells Fargo (WFC) , grappling with a scandal involving workers who opened bogus customer accounts to meet sales quotas, now faces the prospect of a probe into whether it properly compensated employees who worked extra hours in attempt to reach the same targets.

U.S. Senator Elizabeth Warren, a Massachusetts Democrat, and seven of her colleagues, some also members of the chamber’s banking committee, sent a letterto the Labor Department Thursday asking for an investigation into whether the workers, who sometimes made as little as $12 an hour, received the overtime pay federal law requires.

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