Dec 14

Blog Post: JPMorgan Dodges Suit Alleging Aid To $3.7B Ponzi Scheme
by Anonymous
A Minnesota federal judge on Thursday affirmed a bankruptcy court's recommendation to dismiss a suit against JPMorgan Chase & Co. by a hedge fund alleging the bank aided businessman Thomas Petters’ $3.7 billion Ponzi scheme, finding the court lacks jurisdiction and the suit was filed too late.
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