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Wells Fargo, BNY Say MedCap Investor Class Not Eligible

By Jonathan Randles (June 23, 2011, 9:11 PM EDT) -- Bank of New York Mellon Corp. and Wells Fargo Bank NA urged a California federal judge Thursday not to grant class status to investors suing the banks for allegedly failing as trustees to prevent Medical Capital Holdings Inc. from misappropriating millions of dollars....

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