More details have emerged on the proposed Justice for Victims of Fraud Act that would bar arbitration of disputes involving fictitious Wells Fargo accounts.
No. 12-2128 (1st Cir., 3/26/14). Class Actions * 1934 Act * Misrepresentations/Omissions * U.S. Statutes Interpreted (Regulation U, 12 C.F.R. Ch. II, Pt. 221) * PSLRA * SLUSA * RICO * Statutory Definitions (“In Connection With”) * Private Right of Action.
No. 13 Civ. 1534 (S.D. N.Y., 2/3/14). Motion Practice Issues (Reconsideration) * Pleading Requirements/Issues * Misrepresentations/Omissions * Culpability Issues (Recklessness; Fraudulent Intent) * Timeliness Issues (Statutes of Limitations) * Holder Actions.