S&P Global Market Intelligence rounds up a selection of recent legal and regulatory developments in the bank space.
* New Mexico AG to demand damages from Wells Fargo over unauthorized accounts
New Mexico Attorney General Hector Balderas is planning to demand damages from Wells Fargo & Co. regarding the bank's unauthorized accounts scandal.
* Former Bank of Oswego CEO, CFO found guilty of fraud
A federal jury found Bank of Oswego's former CEO Dan Heine and former CFO Diana Yates guilty of one count of conspiracy to commit bank fraud and 12 counts of falsifying bank entries, reports and transactions.
* Home Capital Group receives claim seeking C$70M in damages
West Face Long Term Opportunities Global Master LP sent Home Capital Group Inc. a draft statement seeking C$70 million in damages over allegations of misrepresentation.
* Wells Fargo again sued over 401(k) plan
Wells Fargo, along with some of its executives and board members, is facing another lawsuit over its 401(k) plan.
