Dec 14

##author_fullname##

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.
Click to see full article
« Show All