Wells Fargo WFC.N sued JPMorgan Chase JPM.N on Monday to recover losses for investors in a $481 million commercial real estate loan that was allegedly based on a fraudulently inflated ...

NEW YORK (Reuters) -Wells Fargo (WFC) sued JPMorgan Chase (JPM)on Monday to recover losses for investors in a $481 million commercial real estate loan that was allegedly based on a fraudulently ...

Wells Fargo & Company WFC has filed a lawsuit against JPMorgan Chase JPM to recover investor losses stemming from a troubled $481-million commercial real estate loan that was based on a ...

Wells Fargo is suing JPMorgan Chase over investor losses related to an allegedly inflated metric used for a $481M loan in 2019. Wells Fargo claims JPMorgan and Chetrit Group knew the historical ...

“The remaining properties that serve as collateral for the mortgage loan are worth far less than that outstanding amount,” the lawsuit states. Wells Fargo is asking the court to require J.P. Morgan to ...

representative image NEW YORK: Wells Fargo sued JPMorgan Chase on Monday to recover losses for investors in a $481 million commercial real estate loan that was allegedly based on a fraudulently ...

Wells Fargo, which filed suit in federal civil court as trustee on a $481 million CMBS loan, alleges JPMorgan knew the mortgage it made to Chetrit for a national multifamily portfolio was based on ...