BNY, Wells Fargo OK'd To Intervene In $21M Ponzi Deal
By Sherry Mazzocchi ( March 7, 2011, 9:21 PM EST) -- The Bank of New York Mellon Corp. and Wells Fargo Bank NA on Monday won the right to intervene in Securities America Inc.'s proposed $21 million settlement related to putative class actions brought by investors over Medical Capital Holdings Inc.'s alleged Ponzi scheme....
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