Wells Fargo at it Again, Faces Suit Over 401(k) Plan Violations

US bank Wells Fargo, which previously banned its clients from buying Bitcoin and other digital currencies due to “high volatility and risks,” is being sued by a former employee who charges it with mismanaging its 401k plan. Wells Fargo Accused of Violating ERISA Rules Participants of a retirement savings plan offered by Wells Fargo sued the banking giant and fiduciaries, claiming that the...

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