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

By Elliot Weld ( October 23, 2024, 1:24 PM EDT) -- 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....

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