October 6, 2008 - Wachovia, Citigroup and Wells Fargo Agree on Litigation Standstill
SAN FRANCISCO–(BUSINESS WIRE)–Wachovia, Citigroup and Wells Fargo, in consultation with the Federal Reserve, announce the following agreement. Wachovia, Citigroup, and Wells Fargo have agreed to: 1) a standstill of all formal litigation activity effective immediately; 2) cease any formal discovery activities, and 3) cooperate in good faith to agree among […]