2nd Circ. Won't Revive $40M Wells Fargo Debt Sale Suit
By Pete Brush ( July 24, 2018, 3:37 PM EDT) -- The Second Circuit on Tuesday affirmed the decision of a Manhattan federal judge who tossed securities fraud and breach of contract claims against Wells Fargo Securities LLC brought by a unit of a German bank over its $40 million stake in an underperforming mortgage bundle, finding Wells Fargo didn't unlawfully hide worries about the product....
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.