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Wells Fargo Board May Beat Calif. Investor Suit, For Now

By Cara Bayles (May 9, 2017, 6:14 PM EDT) -- A California state judge on Tuesday tentatively granted Wells Fargo & Co.'s demurrer to a shareholder derivative suit over the bank's false account scandal, granting investors leave to amend their complaint to bolster conclusory allegations the board of directors knew of the illegal sales practices....

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