May 29, 2014
A group of about 100 investors on Wednesday asked a Minnesota federal judge to sign off on a $62.5 million settlement with Wells Fargo Bank NA to resolve allegations that the bank's risky strategies breached the terms of their securities lending contracts.
October 23, 2012
A Minnesota federal judge refused Monday to exclude institutional investors that lost no money from a class of about 100 investors that claim Wells Fargo Bank NA's risky strategies breached the terms of their securities lending contracts, saying it would be premature to narrow the class.
March 27, 2012
A class of Wells Fargo NA investors claiming the bank's risky strategies breached the terms of their securities investment contracts won class certification Tuesday after a Minnesota federal judge ruled the contracts' similarity supported the treatment of the case as a class action.