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Wells Fargo facing class action over 401(k) stock purchases

Wells stock

Three plan participants are suing the bank, alleging that it overpaid for company stock in its employees’ retirement plan.

Wells Fargo may have settled its overpriced stock case with the Department of Labor, but it’s not out of the legal woods yet.

The San Francisco-based bank thought it was in the clear when it agreed to pay $145 million earlier this month to resolve charges that it overpaid for company stock in i

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