Wells Fargo Can't Nix Bondholder Suit Over Lender's Default
By Brian Mahoney ( October 22, 2012, 7:13 PM EDT) -- Wells Fargo Bank NA on Monday lost its bid to toss a proposed class action alleging the bank breached its duties to bondholders by failing to take timely action after a subprime mortgage lender defaulted on at least $1.75 million in bond payments before its bankruptcy....
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