November 19, 2012
A Delaware federal judge on Monday tossed an investor class action challenging Wells Fargo Securities LLC's $7 billion settlement over the auction rate securities market's collapse, adopting a recommendation issued by a magistrate judge last month.
October 23, 2012
A federal magistrate judge in Delaware on Monday said an investor suit against Wells Fargo Securities LLC over a $7 billion settlement deal related to the auction rate securities market's collapse should be dismissed and could not be altered to survive under federal law.
July 01, 2011
Wells Fargo Securities LLC asked a Delaware federal court on Friday to toss an investor suit over a $7 billion settlement deal related to the auction rate securities market's collapse, saying federal law precluded the claims from being brought as a class action.