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Accounting Firm Latest Defendant in Effort to Recoup New London Losses

Nearly two months after the NCUA filed a suit against Wells Fargo for negligence in the case of a deceased financial adviser, the agency has filed a complaint against the CU's accounting firm to recover losses.

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Nearly two months after the NCUA filed a suit against Wells Fargo for negligence in the case of a deceased financial adviser who worked with member investments at the defunct New London Security Federal Credit Union, the agency has filed a complaint against the CU’s accounting firm to recover losses.

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