The San Francisco-based bank made the decision following a shareholder proposal from Clean Yield Asset Management which has since been withdrawn, asking for a public analysis of mandatory arbitration’s impact on sexual assault claims within the company. “Wells Fargo has zero tolerance for sexual harassment,” David Galloreese, head of human resources at Wells Fargo, wrote in an article posted on the company’s internal and external websites. Wells Fargo requires most employees to sign arbitration agreements when they are hired to that require them to settle workplace disputes privately, not in court. …read more
Source:: Yahoo Finance
