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In re Wachovia Equity Securities Litigation.
Case Number:
1:08-cv-06171
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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August 30, 2016
Consumer Group Poised To Get Leftover Wachovia Deal Cash
A class of Wells Fargo shareholders who reached a $75 million settlement with the bank in 2011 over a subsidiary's alleged securities law violations asked a New York federal court Monday for clearance to donate unclaimed funds to the National Consumer Law Center.
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December 02, 2011
Wells Fargo Settles Wachovia Securities Suits For $75M
Wells Fargo & Co. will pay $75 million to settle shareholders' class action allegations in New York federal court that Wachovia Corp. violated securities law by misrepresenting mortgage-based holdings after acquiring a California-based mortgage lender in 2006, a Wells Fargo spokesman said Friday.