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Comerica Incorporated Faces Lawsuit Over Direct Express Program
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Overview
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Investors in Comerica Incorporated face a lawsuit alleging the company's failure to provide oversight over vendors for the Direct Express program, potentially leading to compliance and regulatory violations.
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How might this lawsuit affect investor confidence in Comerica Incorporated?
What implications does this lawsuit have for the broader financial industry's approach to vendor oversight?
What measures can companies take to ensure compliance and regulatory adherence in their third-party programs?
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