Wells Fargo Beats Investors' Commercial Loan Suit, For Now
By Lauren Berg ( May 6, 2022, 11:17 PM EDT) -- Wells Fargo escaped a proposed investor class action that accused the banking giant of misleading shareholders about the financial strength of its commercial loans after a San Francisco federal judge Friday found that the complaint doesn't adequately allege the bank "unjustifiably inflated" the financial figures of some loans it sponsored....
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