Sloan’s retirement from the bank followed a scandal over employees creating fake customer accounts to hit sales targets.
In the complaint, Sloan claims Wells Fargo illegally canceled an equity grant it owed him in order to use him as a “scapegoat.”
Estimated reading time: 0 minutes, 22 seconds
Ex-Wells Fargo CEO Sues Bank Over $34M in Pay
Former Wells Fargo CEO Tim Sloan has sued the bank, claiming it withheld more than $34 million in compensation following his 2019 retirement. So reports the Charlotte Observer.
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