Wells Fargo investigation spreads to Prudential insurance

California Insurance Commissioner Dave Jones announced his office will conduct an investigation into the sale of Prudential insurance policies by Wells Fargo.

The move marks the first time the investigation into Wells Fargo's phony accounts scandal has spread to another company.

The decision came the same day the Newark, New Jersey, insurer suspended the sale of policies through Wells Fargo branches as it reviews a lawsuit filed last week by a trio of former Prudential employees. The plaintiffs claim they were fired for refusing to cover up evidence that Wells Fargo workers sold Prudential policies to customers who did not want them.

Read more from the Los Angeles Times.