WASHINGTON - Wachovia Corp. disclosed yesterday that it has been named in three class action lawsuits alleging Wall Street and other firms conspired in anti-competitive price-fixing of municipal derivatives and guaranteed investment contracts, revealing the existence of a suit filed against nine firms late last month in a federal court in Manhattan by Haywood County, Tenn.

The disclosure, which the bank made in an 8-K filing with the Securities and Exchange Commission, brings the total number of similar class action suits over anticompetitive practices in muni derivatives and investments to at least four. They come as the SEC, the Justice Department, and the Internal Revenue Service may be close to filing charges in parallel criminal and civil investigations of alleged antitrust and anti-competitive practices in the municipal market, including bid-rigging and price-fixing.

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