Wells Fargo Beats $116M Premature Redemption Suit

By Eric Hornbeck (April 13, 2012, 3:35 PM EDT) -- A California federal judge on Thursday dismissed a $116 million putative class action alleging Wells Fargo & Co. had prematurely redeemed securities that had to be phased out under Dodd-Frank reforms, ruling Wells Fargo could cash them in whenever it wanted....

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