Kafka v. Wells Fargo Securities, LLC

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK x JOSEPH A. KAFKA and TODD KAFKA., Plaintiffs, v. No. 22-CV-1034-LTS WELLS FARGO SECURITIES, LLC., Defendant. x MEMORANDUM ORDER Plaintiffs Joseph A. Kafka and Todd Kafka (collectively, the “Kafkas” or “Plaintiffs”) bring this purported class action on behalf of themselves and others similarly situated, against Wells Fargo Securities, LLC (“WFS” or “Defendant”), seeking to recover hundreds of millions of dollars in trading losses suffered by investors in certain investment funds and limited partnerships, to which WFS provided clearing…