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In re Lifetrade Litigation
Case Number:
1:17-cv-02987
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
- Cahill Gordon
- Davidoff Hutcher
- Dealy Silberstein
- Dreier LLP
- Ellis George
- Ellis George LLP
- Fennemore Craig
- Freshfields
- Gish PLLC
- Jones Day
- Levy Konigsberg
- Offit Kurman
- Patterson Belknap
- Phillips & Paolicelli
- Pomerantz LLP
- Saul Ewing
- Skadden Arps
- Smith Gambrell
- Szaferman Lakind
- Waters Kraus
Companies
Sectors & Industries:
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March 29, 2019
Wells Fargo, S&P Beat Bulk Of Life Policy Investors' Suit
A New York federal judge has dismissed most of the claims in several suits alleging that offshore investors in Lifetrade Fund BV lost $685 million on high-risk life insurance investments due to misconduct by two of the fund's officers, S&P Global Inc. and Wells Fargo Bank NA.
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March 05, 2018
S&P, Wells Fargo Look To Exit Life Settlements Suit
S&P Global Inc. and Wells Fargo Bank NA on Friday asked a New York federal judge to toss a putative class action alleging that the ratings agency passed off investments in life insurance policies as safe even though the investments were based on fraudulent life-expectancy projections.
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April 25, 2017
S&P Global, Wells Fargo Sued Over Life Settlements
A putative class of Lifetrade Fund investors sued rating agency S&P Global Inc. and Wells Fargo Bank NA in New York federal court Monday, alleging S&P passed off investments in life insurance policies as safe bets despite the investments' being based on fraudulent life-expectancy projections.