Jerry Brown Announces Lawsuit Against Bank For Defrauding CA Investors(Jerry Brown)

California attorney general Jerry Brown holds up a page from a lawsuit he filed against Wells Fargo affiliates following a press conference April 23, 2009 in San Francisco, California. Brown filed a $1.5 billion lawsuit against three affiliates of San Francisco based Wells Fargo Bank for defrauding California investors who purchased auction rate securities thinking the investement would be as safe and liquid as cash.
California attorney general Jerry Brown holds up a page from a lawsuit he filed against Wells Fargo affiliates following a press conference April 23, 2009 in San Francisco, California. Brown filed a $1.5 billion lawsuit against three affiliates of San Francisco based Wells Fargo Bank for defrauding California investors who purchased auction rate securities thinking the investement would be as safe and liquid as cash.
( - Photo by Justin Sullivan/Getty Images North America)
California attorney general Jerry Brown (L) talks with former San Francisco mayor Willie Brown before a press conference April 23, 2009 in San Francisco, California. California attorney general Jerry Brown filed a $1.5 billion lawsuit against three affiliates of San Francisco based Wells Fargo Bank for defrauding California investors who purchased auction rate securities thinking the investement would be as safe and liquid as cash.  (Photo by Justin Sullivan/Getty Images) *** Local Caption *** Jerry Brown;Willie Brown California attorney general Jerry Brown speaks during a press conference where he announced a lawsuit he filed against Wells Fargo affiliates April 23, 2009 in San Francisco, California. Brown filed a $1.5 billion lawsuit against three affiliates of San Francisco based Wells Fargo Bank for defrauding California investors who purchased auction rate securities thinking the investement would be as safe and liquid as cash.  (Photo by Justin Sullivan/Getty Images) *** Local Caption *** Jerry Brown California attorney general Jerry Brown (L) speaks during a press conference where he announced a lawsuit he filed against Wells Fargo affiliates April 23, 2009 in San Francisco, California. Brown filed a $1.5 billion lawsuit against three affiliates of San Francisco based Wells Fargo Bank for defrauding California investors who purchased auction rate securities thinking the investement would be as safe and liquid as cash.  (Photo by Justin Sullivan/Getty Images) *** Local Caption *** Jerry Brown California attorney general Jerry Brown speaks during a press conference where he announced a lawsuit he filed against Wells Fargo affiliates April 23, 2009 in San Francisco, California. Brown filed a $1.5 billion lawsuit against three affiliates of San Francisco based Wells Fargo Bank for defrauding California investors who purchased auction rate securities thinking the investement would be as safe and liquid as cash.  (Photo by Justin Sullivan/Getty Images) *** Local Caption *** Jerry Brown
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