Senators seek Labor Department probe of Wells Fargo

Eight U.S. Democratic senators asked the Labor Department on Thursday to launch a probe into whether Wells Fargo (WFC.N) may have violated wage and working hour laws by failing to pay overtime to tellers and sales representatives who stayed late to meet sales quotas.

The request comes after Wells Fargo earlier this month was ordered to pay $190 million to settle civil charges alleging its employees had set up about 2 million accounts and credit cards in customers’ names that may have not been authorized.

By Sarah N. Lynch

Full Story: http://www.reuters.com/article/us-usa-wells-fargo-labor-idUSKCN11S2BZ