Securities regulators from several U.S. states on Thursday raided the St. Louis headquarters of Wachovia Securities, seeking documents and records on the company's sales practices. ...
... In April, the Securities Division launched a full-scale investigation, requesting documents, e-mails, transcripts and other records from Wachovia Securities and other banks.
Wachovia Securities has not fully complied with these requests, prompting Thursday's onsite inspection, Missouri officials said.
It's a great time to be in e-discovery.