Wells Fargo & Co. said the Labor Department and other federal agencies are looking at its 401(k) plan.<\/p>\n
In a filing, the banks stated that the agencies are \u201creviewing certain transactions associated with the employee stock ownership plan feature of the company\u2019s 401(k)\u00a0 plan, including the manner in which the 401(k) plan purchased certain securities used in connection with the company\u2019s contributions to the 401(k) plan.\u201d<\/p>\n
What does it mean? We don\u2019t know, it could just be a random investigation.<\/p>\n
<\/span><\/p>","protected":false},"excerpt":{"rendered":" Wells Fargo & Co. said the Labor Department and other federal agencies are looking at its 401(k) plan. In a filing, the banks stated that the agencies are \u201creviewing certain transactions associated with the employee stock ownership plan feature of … Continue reading