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Wells Fargo Settles Ponzi-Related Lawsuit for $105M
Wells Fargo Bank N.A. has agreed to pay $105 million to settle investor claims related to its work with defunct Medical Capital Holdings Inc., a purported medical receivables purchasing company in California that was later revealed to be a $1 billion Ponzi scheme.Bank Of America, Citi Sued By University Of California Over Libor
Bank of America and Barclays are among more than a dozen banks sued by the Regents of the University of California over claims they manipulated the London Interbank Offered Rate.California State Teachers' Retirement System v. Qwest et al.
California State Teachers' Retirement System v. Qwest et al.
A dozen Am Law firms failed to convince a federal judge in San Francisco to throw out claims that many of the world's leading consumer electronics companies conspired to fix prices for CD, DVD and Blu Ray recordable and rewritable drives.
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