Apr 27


Blog Post: Wells Fargo, Other Lenders Want 8th Circ. To Nix Ponzi Suit

by Anonymous

Wells Fargo & Co., Bank of America Corp. and a group of other lenders on Thursday asked the Eighth Circuit to uphold a lower court's decision to dismiss a hedge fund's suit against JPMorgan Chase & Co. alleging the bank aided businessman Thomas Petters' $3.7 billion Ponzi scheme, on the grounds that it was filed too late.
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