UPDATE 1-Wells Fargo parent is dismissed from lawsuit by Philadelphia, Baltimore
17 Jun UPDATE 1-Wells Fargo parent is dismissed from lawsuit by Philadelphia, Baltimore
Posted at 18:25h
in
News
by KMFSLLP
Wells Fargo & Co was
dismissed as a defendant in a lawsuit brought by the cities of
Philadelphia and Baltimore, which accused large banks of
conspiring to inflate interest rates for variable-rate demand
obligations (VRDO), a type of tax-exempt bond.
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