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: FinancialCounselJury Finds Wells Fargo Breached Its Fiduciary Duty To Not-For-Profit Agencies And Awards Nearly $30 Million
By James Eccleston
A jury has found Wells Fargo Breached its fiduciary duties in a securities lending case. On June 4th, The Minnesota Star Tribune reported a Minnesota state court jury has awarded four non-for-profit agencies nearly $30 million in a lawsuit alleging that Wells Fargo breached its fiduciary duties and committed fraud in a securities lending program. The jury declined to award punitive damages.
Full post as published by FinancialCounsel on June 17, 2010 (boomark / email).
Torts
Introduction to Torts
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