Wells Fargo Unit Can Send $500M Fund Plunge Suit To NY
Wells Fargo Unit Can Send $500M Fund Plunge Suit To NY <https://www.law360.com/banking/articles/1817393?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-03-27&read_main=1&nlsidx=0&nlaidx=4> By Sydney Price An Illinois federal judge said Wells Fargo Securities LLC can transfer to New York federal court a suit accusing it of losing at least $500 million of a hedge fund's value in a wrong-way bet on the markets, since an identical class action is currently pending there. Order attached | Read full article » <https://www.law360.com/banking/articles/1817393?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-03-27&read_more=1&nlsidx=0&nlaidx=4> | Save to favorites » <https://www.law360.com/banking/articles/1817393?nl_pk=feb6bbba-7878-4d39-be6e-46810c922ad7&utm_source=newsletter&utm_medium=email&utm_campaign=banking&utm_content=2024-03-27&read_later=1&nlsidx=0&nlaidx=4>
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Gunnar Larson