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Wells Fargo Asks 2nd Circ. To Junk Proprietary Trading Suit

By Lance Duroni ( July 26, 2013, 6:57 PM EDT) -- Wells Fargo & Co. 's investment banking unit on Thursday urged the Second Circuit to uphold the dismissal of a suit alleging it breached a partnership agreement with broker-dealer Williams Trading LLC by engaging in proprietary trading, arguing the two never had a fiduciary relationship. . . .

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