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Fallout continues for Wilmington Trust, M&T Bank

delawareonline.com — Not only is M&T dealing with a criminal investigation by the U.S. Department of Justice that has led to six prosecutions in 18 months, but M&T is grappling with an inquiry by the U.S. Securities and Exchange Commission. Angry shareholders also are pursuing a federal civil lawsuit brought last year against some Wilmington Trust directors and officers.