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12/21/2012 02:28:52 PM EST

Prudential Suit Over $523M In JPMorgan RMBS Returned To NJ

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Law360: Insurance

A federal judge returned to New Jersey state court a suit filed by Prudential Financial Inc. units claiming they were fraudulently sold $523 million in residential mortgage-backed securities by JPMorgan Chase & Co. units, saying in a decision filed Thursday that federal law didn't cover the dispute. Read More...