Commerzbank AG v. Wells Fargo Bank N.A.

  1. October 23, 2024

    2nd Circ. Backs Early Wells Fargo Win In $100M RMBS Case

    The Second Circuit on Wednesday approved an early win for Wells Fargo in a lawsuit brought by Commerzbank AG alleging it lost $100 million investing in residential mortgage-backed securities, saying the German lender didn't have standing to sue.

  2. May 16, 2023

    Despite $1B Deal, Wells Fargo Still Faces Storm Of Litigation

    Wells Fargo may have agreed to pay a whopping $1 billion in cash to resolve investor claims that it overstated its progress in fixing internal controls and compliance problems, but the scandal-plagued bank still faces a mountain of ongoing regulatory investigations and litigation.