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Galena Street Fund, L.P. v. Wells Fargo Bank, N.A.
Case Number:
1:12-cv-00587
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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May 16, 2013
Wells Fargo Can't Shake Suit Over Conflict As RMBS Trustee
A Colorado federal judge on Wednesday allowed most claims to continue in a hedge fund's lawsuit alleging that Wells Fargo NA breached its responsibilities as both a trustee and a servicer for certain residential mortgage-backed securities, costing the fund millions of dollars in losses.
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March 08, 2012
Hedge Fund Sues RMBS Trustee Wells Fargo For Breaches
Galena Street Fund LP sued Wells Fargo Bank NA in Colorado federal court on Wednesday for allegedly breaching its responsibilities as both a trustee and servicer for certain residential mortgage-backed securities, costing the hedge fund millions of dollars in losses.