August 29, 2018 / 11:48 PM / in 5 months

Wells Fargo's firing of minorities with criminal records a 'necessity' -8th Circuit

Wells Fargo Bank NA did not engage in race discrimination when a new background check system led it to fire a large number of black and Latino employees with criminal records, a U.S. appeals court said on Wednesday.

A unanimous three-judge panel of the 8th U.S. Circuit Court of Appeals said that because federal law prohibits banks from employing anyone convicted of a crime “involving dishonesty,” firing the workers was a “business necessity” for Wells Fargo and not motivated by their race.

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