Blackrock Allocation Target Shares: Series S Portfolio et al v. Wells Fargo Bank, National Association et al

1:14-cv-09371

January 19, 2016
Wells Fargo, Deutsche Escape Host Of MBS Claims

A New York federal judge dismissed claims against Deutsche Bank and Wells Fargo on Tuesday with regard to the lion's share of more than $1 trillion of claimed losses in mortgage-backed-securities investments, declining to take up the heavily state-law-based suits but giving the plaintiffs one more shot.
August 06, 2015
RMBS Investors Say Wells Fargo, Deutsche Still On Hook

Investors alleging Wells Fargo & Co. and Deutsche Bank AG failed to protect them from over $1 trillion in losses due to poorly underwritten residential mortgage-backed securities fought back Wednesday against the banks' contention that a recent decision in a similar case found a bank didn't have to provide breach of warranty notices.
May 01, 2015
Wells Fargo, Deutsche Bank Move To Nix RMBS Trustee Suits

Wells Fargo & Co. and Deutsche Bank AG moved to toss five suits accusing the companies of failing to protect investors from over $1 trillion in losses due to poorly underwritten residential mortgage-backed securities, arguing on Friday that as trustees they had no duty to protect plaintiffs from their bad investment decisions.