UPDATE 1-Wells Fargo parent is dismissed from lawsuit by Philadelphia, Baltimore
Wells Fargo & Co was
dismissed as a defendant in a lawsuit brought by the cities of
Philadelphia and Baltimore, which accused large banks of
conspiring to inflate interest rates for variable-rate demand
obligations (VRDO), a type of tax-exempt bond.
dismissed as a defendant in a lawsuit brought by the cities of
Philadelphia and Baltimore, which accused large banks of
conspiring to inflate interest rates for variable-rate demand
obligations (VRDO), a type of tax-exempt bond.
Posted by Reuters
