Royal Park Investments SA/NV v. Wells Fargo Bank, N.A.
Case Number:
1:14-cv-09764
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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January 14, 2019
Royal Park, Wells Fargo End RMBS Trustee Suit
A New York federal judge on Monday granted a joint request from Royal Park Investments SA/NV and Wells Fargo Bank NA to dismiss with prejudice the remaining claims in the former's litigation surrounding alleged failures by the latter as the trustee for two residential mortgage-backed securities trusts.
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August 14, 2018
RMBS Investors Can't Get Orders Tossed In Wells Fargo Suits
A New York federal judge overseeing coordinated residential mortgage-backed securities trustee litigation against Wells Fargo Bank NA has backed a magistrate judge's rejection of challenges both to the bank's privilege assertions and to its push for more detail on certain claims from the investors behind the suits.
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April 17, 2018
Wells Fargo Defeats Class Cert. Bid In Royal Park RMBS Suit
A New York federal judge rejected Royal Park Investments' bid for class certification on Tuesday in its suit accusing Wells Fargo Bank of mismanaging two residential mortgage-backed securitization trusts, taking up a magistrate judge's recommendation that found there were too many differences in the proposed group of investors to warrant a class approach.
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March 09, 2018
Wells Fargo Says Denial Of Cert. Right Call In RMBS Suit
Wells Fargo Bank NA has urged a New York federal judge to adopt a magistrate judge's report recommending that class action status be denied for Royal Park Investments' suit accusing the bank of bungling its duties as trustee to two residential mortgage-backed securitization trusts.
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January 19, 2018
Wells Fargo RMBS Suit Shouldn't Get Class Cert., Judge Says
A New York federal judge has said that a suit that accuses Wells Fargo Bank NA of failing to properly oversee residential mortgage-backed securities for Royal Park Investments and other investors shouldn't be allowed to move forward as a class action.
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August 21, 2017
RMBS Investors Lose Fight For Wells Fargo Sampling
Investors in residential mortgage-backed securities overseen by Wells Fargo NA on Monday lost their bid to resuscitate their preferred approach to meting out blame, when a New York federal judge dealt a new blow to the "sampling" methodology that plaintiffs have sought to use in RMBS cases.
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July 24, 2017
Wells Fargo Fights Investor's Class Cert. Bid In RMBS Suit
Wells Fargo Bank NA has slammed a bid for class certification from an investor suing the bank over its alleged failures as trustee of two residential mortgage-backed securities trusts, telling a New York federal court on Monday that the proposed class is unworkable.
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June 29, 2017
Investor Seeks Class Cert. In RMBS Suit Against Wells Fargo
An investor in two residential mortgage-backed securities trusts overseen by Wells Fargo Bank NA asked a New York federal court on Thursday for class certification in a suit against the bank over its alleged failures as trustee.
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March 30, 2017
RMBS Suits Against Wells Fargo Move Forward
A New York federal judge on Thursday said Wells Fargo NA must face claims seeking to hold the bank accountable for billions of dollars in claimed investor losses as trustee of residential mortgage-backed securities, saying the investor funds "more than met" the pleading standard.
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November 23, 2016
Wells Fargo Ordered To Turn Over Documents In RMBS Suit
A New York federal judge on Tuesday ordered Wells Fargo Bank NA to produce documents from a pair of databases in a proposed class action accusing the bank of mishandling residential mortgage-backed securities investments, but denied the investors' request concerning two other databases.