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March 2018 Archives

Whistleblower: Walmart cut corners for market share and fired me

A former Walmart business development director has filed a federal lawsuit against the retail giant. He claims that Walmart betrayed founder Sam Walton's principles of honesty and integrity -- and may have violated the law -- by pushing for "meteoric growth" in their e-commerce business. When the executive pointed out the wrongdoing, he says, he was fired.

More trouble for Wells Fargo: Alleged brokerage consumer abuses

A Massachusetts regulator is investigating whether employees of Wells Fargo & Co.'s brokerage division violated securities regulations and abused consumers' trust. Federal investigators may also be pursuing the question.

What constitutes legal malpractice in Pennsylvania?

Broadly, legal malpractice occurs when your lawyer failed to perform in accordance with accepted legal standards and that failure caused you a financial loss. It's not legal malpractice simply to lose a case or even to make a major mistake. Not every bad outcome is the result of malpractice.

Whistleblower: Wells Fargo closes accounts of fraud victims

A former fraud investigator for Wells Fargo claims that the mega bank hasn't been living up to its legal responsibility to investigate signs of fraud on customers' accounts. Instead, it simply closes those accounts to avoid the time and expense of investigating. Wells Fargo is reviewing the allegations -- and a federal regulator is investigating.

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