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Wachovia, Execs Hit With ERISA Class Action

By Allison Grande (September 21, 2009, 5:09 PM EDT) -- Several participants of Wachovia Bank NA's two retirement savings programs have filed a putative class action accusing the bank and 30 executives of breaching their fiduciary duty by imprudently investing the plans' assets in Wachovia common stock despite the company's deteriorating financial situation....

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