Wells Fargo Sued Again Over COBRA Notices to Ex-Employees (1)

Wells Fargo & Co. is facing another potential class action by former employees who say the bank sends faulty COBRA notices explaining their right to remain on the company health plan, according to a complaint filed Tuesday in a Florida federal court.

Wells Fargo’s notices attempt to “scare individuals away from electing COBRA” by including an “ominous” warning that workers may be subject to civil or criminal penalties if they submit incomplete information when applying for coverage, former Wells Fargo employee Guy Blessinger said in the complaint. These warnings discourage people from electing coverage and violate federal regulations setting standards ...