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SEC Says Wells Fargo's Motions To Dismiss Are 'Hyperbolic'

By John Kennedy ( June 13, 2016, 4:30 PM EDT) -- A Wells Fargo unit's bid to dismiss a government lawsuit over a problematic $75 million bond offering involving former Major League Baseball pitcher Curt Schilling's failed video game company is "hyperbolic and exaggerated," the U.S. Securities and Exchange Commission told a Rhode Island federal court Friday....

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