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Wells Fargo Tells 8th Circ. IBM Benefits Suit 'Wrongly Decided'

By Danielle Nichole Smith (January 3, 2019, 6:27 PM EST) -- Wells Fargo employees incorrectly pointed to a decision in a suit against IBM that was "both wrongly decided and distinguishable" from their suit in their bid to revive a proposed class action alleging that the bank illegally let its 401(k) plan invest in overvalued company stock, Wells Fargo told the Eighth Circuit on Wednesday....

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