{"id":31723,"date":"2017-06-07T06:44:25","date_gmt":"2017-06-07T06:44:25","guid":{"rendered":"http:\/\/www.biphoo.com\/bipnews\/?p=31723"},"modified":"2017-06-07T06:44:25","modified_gmt":"2017-06-07T06:44:25","slug":"u-s-justice-department-opposes-wells-fargo-whistle-blower-suit","status":"publish","type":"post","link":"https:\/\/www.biphoo.com\/bipnews\/business\/u-s-justice-department-opposes-wells-fargo-whistle-blower-suit.html","title":{"rendered":"U.S. Justice Department opposes Wells Fargo on whistle-blower suit"},"content":{"rendered":"<h2 style=\"text-align: justify\">\n\t<span style=\"font-size:22px\"><strong><span style=\"font-family:arial,helvetica,sans-serif\">U.S. Justice Department opposes Wells Fargo on whistle-blower suit<\/span><\/strong><\/span><br \/>\n<\/h2>\n<p style=\"text-align: justify\">\n\t<span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">The U.S. Justice Department filed a friend-of-the-court brief on Tuesday in a lawsuit brought against Wells Fargo &amp; Co (WFC.N) by two former employees, who were fired after they reported misdemeanors they had noticed to their supervisors.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">The DOJ&#039;s filing concluded that the appellate court, which had earlier dismissed the case, should revisit and modify its analysis.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">The plaintiffs, Paul Bishop and Robert Kraus, had said the Wall Street bank had requested Federal Reserve loans on various occasions when it was in violation of certain banking regulations, in a complaint filed in 2011.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">The suit, which was filed under the False Claims Act, is designed to encourage people to bring to light evidence of fraud against the government.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">&quot;We continue to believe these claims are without merit, as the previous court decisions have confirmed,&quot; a Wells Fargo spokeswoman said in an email statement.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">&quot;We look forward to the opportunity to again present legal arguments to the Second Circuit Court of Appeals,&quot; she added.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"font-size:18px\"><span style=\"font-family:arial,helvetica,sans-serif\">The filing follows a Supreme Court ruling in February that had also asked the appellate court to review the matter, the New York Times said in a report.<\/span><\/span>\n<\/p>\n<p style=\"text-align: justify\">\n\t<span style=\"font-size:8px\"><span style=\"font-family:arial,helvetica,sans-serif\">Source:-&nbsp;http:\/\/www.reuters.com\/article\/us-wells-fargo-lawsuit-idUSKBN18Y08J<\/span><\/span><\/p>\n<div class=\"fb-background-color\">\n\t\t\t  <div \n\t\t\t  \tclass = \"fb-comments\" \n\t\t\t  \tdata-href = \"https:\/\/www.biphoo.com\/bipnews\/business\/u-s-justice-department-opposes-wells-fargo-whistle-blower-suit.html\"\n\t\t\t  \tdata-numposts = \"10\"\n\t\t\t  \tdata-lazy = \"true\"\n\t\t\t\tdata-colorscheme = \"light\"\n\t\t\t\tdata-order-by = \"social\"\n\t\t\t\tdata-mobile=true>\n\t\t\t  <\/div><\/div>\n\t\t  <style>\n\t\t    .fb-background-color {\n\t\t\t\tbackground: #ffffff !important;\n\t\t\t}\n\t\t\t.fb_iframe_widget_fluid_desktop iframe {\n\t\t\t    width: 630px !important;\n\t\t\t}\n\t\t  <\/style>\n\t\t  ","protected":false},"excerpt":{"rendered":"<p>U.S. Justice Department opposes Wells Fargo on whistle-blower suit The U.S. Justice Department filed a friend-of-the-court brief on Tuesday in a lawsuit brought against Wells Fargo &amp; Co (WFC.N) by two former employees, who were fired after they reported misdemeanors they had noticed to their supervisors. The DOJ&#039;s filing concluded [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":31726,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[19611,19612,19610],"class_list":["post-31723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-paul-r-bishop","tag-robert-kraus","tag-u-s-justice-department-opposes-wells-fargo-on-whistle-blower-suit"],"_links":{"self":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/31723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/comments?post=31723"}],"version-history":[{"count":0,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/posts\/31723\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media\/31726"}],"wp:attachment":[{"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/media?parent=31723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/categories?post=31723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biphoo.com\/bipnews\/wp-json\/wp\/v2\/tags?post=31723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}