Wells Fargo says DOL is probing its 401(k) plan
The bank said regulators including the Labor Department are looking at transactions related to the plan's employee stock ownership feature.
Wells Fargo & Co. said the Labor Department and other federal agencies are investigating its 401(k) plan.
The agencies are “reviewing certain transactions associated with the employee stock ownership plan feature of the company’s 401(k) plan, including the manner in which the 401(k) plan
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