Fired employee rejects Wells Fargo offer for rehire
Richard Eggers, the Des Moines man who was fired from Wells Fargo & Co. after the company discovered a 1963 arrest, declined an offer for rehire.
Eggers, a customer service representative, was fired after the company found out that he was arrested for trying to use a cardboard replica of a dime at a coin-operated laundry in Carlisle in 1963. He was fired under a combination of new and old regulations.
Eggers was fired under a regulation enacted in 1950 aimed at preventing individuals with prior fraud convictions from serving in influential positions in the mortgage business. The rule was expanded after the 2007-08 financial crisis, and employment attorneys estimate that as many as 3,000 low-level bank employees have lost their jobs under the rule, The Des Moines Register reported. Lawmakers from both political parties have said the firings were an unintended consequence of the rule.
Eggers’ attorney said in a press release that Eggers and several other customer service employees and people in clerical jobs were fired without receiving a notice of waivers allowed by bank regulators. Eggers was offered his job back on Oct. 12 but refused.
“Richard formally proposed to Wells Fargo that it make changes to the process, such as notifying employees they can apply for a waiver, and the bank flatly refused,” Leonard Bates, who is representing Eggers for the Newkirk Law Firm said in a statement. “He feels it would be wrong to accept the conditional employment, knowing that others are continuing to be hurt by the discriminatory practice.”
Wells Fargo spokeswoman Angela Kaipust responded with a statement saying that the company offered Eggers the same role with the same salary after learning about his waiver, but he demanded “a number of unreasonable conditions.”
“Mr. Eggers and his lawyer have not recognized our responsibility to apply the law equitably and fairly for all of our team members,” she said in the statement. “It was our hope that Richard Eggers would accept our offer to return to work as a team member for Wells Fargo, and we are disappointed he has chosen not to.”