Research a company where illegal actions (within the last 5 years) caused an employee to whistle blow publicly.
What was the situation and who was being harmed?
Was the whistle blowing morally justified using the four points of moral justification on page 346?
What was the end result of the information going public?
Sample Solution
One example of a company where illegal actions caused an employee to whistle blow publicly is Wells Fargo. In September 2016, one of the bank’s employees, whistle blower Paul Bishop, revealed that Wells Fargo had created millions of fake customer accounts in order to meet sales goals and earn bonuses for its employees. Customers were being harmed as they were unknowingly being charged fees on the accounts and their credit scores could have been affected by the activity. The scandal resulted in numerous regulatory fines and investigations from agencies such as the Consumer Financial Protection Bureau (CFPB) and Department of Justice (DOJ). The bank was also forced to pay billions in consumer settlements and restitutions, as well as fire several senior executives.
Sample Solution
One example of a company where illegal actions caused an employee to whistle blow publicly is Wells Fargo. In September 2016, one of the bank’s employees, whistle blower Paul Bishop, revealed that Wells Fargo had created millions of fake customer accounts in order to meet sales goals and earn bonuses for its employees. Customers were being harmed as they were unknowingly being charged fees on the accounts and their credit scores could have been affected by the activity. The scandal resulted in numerous regulatory fines and investigations from agencies such as the Consumer Financial Protection Bureau (CFPB) and Department of Justice (DOJ). The bank was also forced to pay billions in consumer settlements and restitutions, as well as fire several senior executives.