Amidst Fake Accounts Scandal, Wells Fargo also Accused of Wage Theft

Employees at Wells Fargo are now speaking out against the company in regards to unpaid wages. These hourly employees allege that in order to reach the unattainable sales goals set by the company, managers would force them to stay late and make cold calls to customers. This would happen during “call nights” that existed for employees who did not hit their numbers. Branch managers would instruct them to stay after work for an additional hour and have them try and sell product like credit cards or accounts to consumers. Workers claim they would not receive additional pay, nor be compensated for overtime.

As reported on CNN, Wells Fargo pulled the sales goals quotas this week but workers claim the damage was done. They were taken advantage of by the company and claim they are owed money. The Fair Labor Standards Act (FLSA) states that workers must be paid for all hours worked and paid overtime at one and one-half times their regular hourly rate when working over 40 hours per week. Even though Well Fargo denies these claims, they are no stranger to class actions and complaints relating to unpaid wages dating all the way back to 1999.

Due to these recent allegations, the Department of Labor has launched a thorough investigation of Wells Fargo and possible violations under the FLSA and other labor laws. If you or anyone you know has worked for a bank and faced similar conditions and have concerns about not being paid properly, please give the employment lawyers of Fitapelli & Schaffer, LLP a call for a free phone consultation. We believe that these issues may be a common practice at many banks and could affect huge numbers of workers. We can be reached by calling (212) 300-0375 or by visiting our website at