Mealey's Banking & Finance - Judge Awards Summary Judgment To Chase In Unfair Competition Suit

SANTA ANA, Calif. - A federal judge in California on May 22 awarded summary judgment to JP Morgan Chase Bank N.A. after finding that a man failed to sufficiently allege that he suffered an economic injury as a result of the bank's alleged violation of California Business and Professions Code Section 17200 (Sam Saber v. JP Morgan Chase Bank, N.A., No. SACV 13-00812, C.D. Calif.; 2014 U.S. Dist. LEXIS 71356).

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