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Legal News

: Lawyers and Settlements

Lawsuit Pending Against Wells Fargo due to Illiquidity of Securities for Investors

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San Francisco,CA: The effects of the fallout in the auction rate securities market is being felt everywhere across the country. A crop of lawsuits is springing up for brokerage firms that dealt in securities that are now in a state of illiquidity for investors. Wells Fargo and Co. and its non-bank subsidiary, Wells Fargo Investments that is based in San Francisco, CA are facing an auction rate securities lawsuit.

Full post as published by Lawyers and Settlements on April 26, 2008 (boomark / email).

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