Wells Fargo ends forced arbitration for sexual harassment claims

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Wells Fargo & Co said on Wednesday that it will no longer require arbitration fo...

A Wells Fargo logo is seen at the SIBOS banking and financial conference in Toronto, Ontario, Canada October 19, 2017. REUTERS/Chris Helgren

- Wells Fargo & Co said on Wednesday that it will no longer require arbitration for employees in connection with any future sexual harassment claims effective immediately. The San Francisco-based bank made the decision following a shareholder proposal from Clean Yield Asset Management which has since been withdrawn.

 

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