Wells Fargo employees sue for overpaying for prescription drugs through the company’s health insurance plan

The lawsuit proposes a nationwide class of Wells Fargo health plan participants and beneficiaries that could include tens of thousands of people, and seeks unspecified damages and statutory penalties.

Wells Fargo & Co was accused in a lawsuit filed on Tuesday of mismanaging its employee health insurance plan and forcing tens of thousands of U.S. employees to overpay for prescription drugs.