Wells Fargo Must Repurchase $2.2M In ARS From Investors
By Sindhu Sundar ( May 10, 2012, 9:50 PM EDT) -- A Financial Industry Regulatory Authority Inc. arbitration panel ordered Wells Fargo & Co. on Tuesday to repurchase $2.25 million in auction-rate securities from investors who had accused the bank of excluding them from its landmark $1.4 billion settlement over the potentially risky securities....
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