Navajo Nation Sues Wells Fargo

The Navajo Nation has sued Wells Fargo, saying its citizens were targeted by workers trying to meet the bank's aggressive sales quotas. The tribe alleges employees at Wells Fargo branches on the vast reservation "routinely misled customers into opening unnecessary accounts and obtained debit and credit cards without customers' consent." The lawsuit, filed Tuesday in federal court in Albuquerque, alleges that the bank targeted particularly vulnerable members of the Navajo Nation, including minors, the elderly, and those who do not speak English. The suit says Wells Fargo lied to the tribe when, in a letter sent early this year, it said no tribal members were harmed by the bank's sales practices. In a statement, Navajo Nation President Russell Begayesaid the tribe's lawyer has been directed to seek restitution, damages, and civil penalties based on Wells Fargo's alleged violations of federal, state, and tribal law.More here.