Wells Fargo Breached Trustee Duties, MedCap Investors Say

By Erica Teichert (February 19, 2013, 2:24 PM EST) -- Several classes of Medical Capital Holdings Inc. investors on Monday slammed Wells Fargo NA's attempt to toss their suits over its role in a massive Ponzi scheme, saying the bank's claims that it didn't cause substantial harm to investors by allegedly diverting funds and breaching its trustee duties "defy the facts, law and logic."...

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!