Judge blocks US fund’s lawsuit against Wells Fargo over ‘vol-mageddon’


A Chicago fund manager cannot pursue a lawsuit against a Wells Fargo & Co unit over claims the bank cost the fund manager millions by forcing it to sell its holdings during a February market rout, a judge ruled on Tuesday.

People walk by a Wells Fargo banking location in Pasadena

People walk by a Wells Fargo banking location in Pasadena, California, U.S., September 8, 2017. REUTERS/Mario Anzuoni/File Photo



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