Commerzbank AG v. Wells Fargo Bank N.A.

  1. July 12, 2022

    Wells Fargo Slips Investors' Claims In RMBS Suit

    Wells Fargo Bank NA escaped a suit brought by investors in residential mortgage-backed securities on Tuesday as a New York federal judge tossed most of the investors' claims against the banking giant.

  2. August 14, 2018

    RMBS Investors Can't Get Orders Tossed In Wells Fargo Suits

    A New York federal judge overseeing coordinated residential mortgage-backed securities trustee litigation against Wells Fargo Bank NA has backed a magistrate judge's rejection of challenges both to the bank's privilege assertions and to its push for more detail on certain claims from the investors behind the suits.

  3. August 21, 2017

    RMBS Investors Lose Fight For Wells Fargo Sampling

    Investors in residential mortgage-backed securities overseen by Wells Fargo NA on Monday lost their bid to resuscitate their preferred approach to meting out blame, when a New York federal judge dealt a new blow to the "sampling" methodology that plaintiffs have sought to use in RMBS cases.

  4. February 16, 2017

    Commerzbank Tells Judge Not To Toss Wells Fargo RMBS Suit

    Commerzbank AG on Thursday urged a New York federal judge not to toss its suit alleging that Wells Fargo Bank NA failed to protect it from massive residential mortgage-backed securities losses, saying a ruling in a similar suit against Deutsche Bank National Trust Co. supports such an outcome. 

  5. November 23, 2016

    Wells Fargo Ordered To Turn Over Documents In RMBS Suit

    A New York federal judge on Tuesday ordered Wells Fargo Bank NA to produce documents from a pair of databases in a proposed class action accusing the bank of mishandling residential mortgage-backed securities investments, but denied the investors' request concerning two other databases.

  6. November 18, 2016

    Investors Seek Sanctions Against Wells Fargo In RMBS Suit

    Investors who say Wells Fargo Bank NA failed to protect them from massive residential mortgage-backed securities losses on Thursday urged a New York federal judge to sanction the bank and its lawyers for improper deposition conduct and failure to prepare a witness who was supposed to speak on behalf of the bank.

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