- The U.S. Department of Labor is charging Wells Fargo & Co.’s lawyer with hindering its investigation into the bank’s treatment of workers and insinuating she has ties to President-elect Donald Trump that allow her to do so, reports the Wall Street Journal.
- DOL says Atty. Tammy McCutchen tried to keep its investigator from accessing documents and interviewing staff at the bank’s Concord, CA, facility. The investigation follows last year’s revelation that Wells Fargo coerced employees into opening fake accounts in customers’ names to meet sales quotas.
- McCutcheon disputes DOL’s accusations. The agency says she replied to its request for cooperation in the probe by implying that the Trump administration’s pending takeover of the White House was justification for not cooperating.
It never pays for employers to refuse to cooperate with an investigation or audit — not even by implication. This gives the appearance of a cover-up, which can raise suspicions of guilt and prompt further probes into a matter.