Tag: Wells Fargo

℞ for Your PBM: ‘Here’s what we’re willing to pay …’

Haas, who is vice president of Wells Fargo Pharmacy Consulting, spoke to BLR about the problem of generic drug pricing. To attack the problem, Haas and his team at Wells Fargo created a unique procurement strategy. “About 4 years ago, we listed every generic drug—and there are about 2,750 of them—by their specific identifying codes. […]

Wells Fargo Shells Out For Alleged Overtime Violations

Wells Fargo & Co. has agreed to pay $12.8 million to settle a class action lawsuit charging that the bank improperly classified certain business-systems employees in California and other states as exempt from overtime, in violation of the federal Fair Labor Standards Act. The suit, filed in federal court in San Francisco, alleged that Wells […]

Wells Fargo Settles Check-Cashing Fee Suit

Wells Fargo & Co. bank has settled a lawsuit that challenged the $5 fee charged by the bank for non-accountholders who cashed payroll checks drawn on a Wells Fargo account. The lawsuit, filed on behalf of California employers, claimed that the fee put businesses in jeopardy of violating a California Labor Code provision requiring employers […]