In re Lifetrade Litigation

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK 17-CV-2987 (JPO) IN RE LIFETRADE LITIGATION OPINION AND ORDER J. PAUL OETKEN, District Judge: Plaintiffs, a collection of foreign investors, brought this derivative action on behalf of the now-defunct Lifetrade investment fund against Defendant Wells Fargo, alleging that Wells Fargo aided and abetted Lifetrade’s managers in breaching their fiduciary duties, and that Wells Fargo executed an unconscionable contract with Lifetrade. Before the Court are: Wells Fargo’s motion for summary judgment on Plaintiffs’ claims (ECF No. 1198);…