Wells Fargo is dismissed from municipal bond lawsuit by Philadelphia, Baltimore
17 Jun Wells Fargo is dismissed from municipal bond lawsuit by Philadelphia, Baltimore
Posted at 16:41h
in
News
by KMFSLLP
Wells Fargo & Co was
dismissed as a defendant in a lawsuit by the cities of
Philadelphia and Baltimore, which accused large banks of
conspiring to inflate interest rates for variable-rate demand
obligations, a type of tax-exempt bond.
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