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Wells Fargo Seeks To Ax Auto Insurance Stock-Drop Suit

By Jon Hill ( November 5, 2018, 8:21 PM EST) -- Wells Fargo urged a California federal judge Friday to toss a proposed class action accusing the bank of having kept investors in the dark about its alleged foisting of unnecessary insurance on some auto loan customers, arguing that no duty to disclose the issue sooner has been shown and that the bank's statements about its transparency efforts were "corporate puffery."...

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