Corporate / Securities Law
May 12, 2008
Wachovia Subpoenaed Over Auction-Rate Securities
“Further review and inquiry is anticipated by the regulatory authorities and Wachovia will cooperate fully”
Wachovia Corp., the nation's fourth-largest bank, said Monday its securities unit and affiliates have received inquiries and subpoenas from federal and state regulators over auction-rate securities. via WFMY 2 Greensboro
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