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US Bancorp Beats Suit Over Brokerage Cash-Sweep Program

By Katryna Perera ( February 2, 2026, 8:58 PM EST) -- A Minnesota federal judge permanently threw out a proposed class action accusing U.S. Bancorp and its brokerage unit of shortchanging customers on interest through a cash-sweep program, finding in part that the bank never promised customers a particular minimum interest rate....

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