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German Agency Drops Out Of Wells Fargo CDO Suit

By Lance Duroni (April 15, 2014, 3:37 PM EDT) -- A German public agency responsible for winding up the assets of dissolved bank WestLB AG has dropped out of a suit alleging that Wells Fargo Bank NA's mismanagement of a WestLB collateralized debt obligations vehicle led to more than $160 million in losses, according to documents filed Tuesday in New York federal court....

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