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Wells Fargo fails to shake 401(k) suit

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The development likely gives the plaintiffs more leverage for a settlement, as the class-action case has moved one step closer to a trial.

A lawsuit against Wells Fargo over the use of its own investment products in the company’s $40 billion 401(k) plan this week cleared a major hurdle.

On Wednesday a federal judge denied a motion to dismiss the case, finding that the plaintiffs’ “allegations are far more than general assertio

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