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Wells Fargo Research and Development Expense (Quarterly ) (WFC) charts, historical data, comparisons and more.
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In March 2016 the SEC charged Wells Fargo with defrauding investors in a municipal bond offering to finance 38 Studios, a Rhode Island startup video game company founded by former Boston Red Sox pitcher Curt Schilling that eventually went bankrupt, leaving the state on the hook for $75 million in debt.