By Evan Weinberger ( August 5, 2011, 12:46 PM EDT) -- Wells Fargo & Co. and KPMG LLP have reached a $627 million settlement in principle in New York with a class of investors who claim Wachovia Corp. misrepresented its mortgage-based holdings after acquiring a California-based mortgage lender in 2006, an attorney for the plaintiffs said Friday....
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