9th Circuit Affirms Dismissal Of Ponzi Class Actions Against JP Morgan

9th Circuit Affirms Dismissal Of Ponzi Class Actions Against JP Morgan

SAN FRANCISCO - The Ninth Circuit U.S. Court of Appeals on March 20 affirmed the dismissals of two Ponzi scheme class actions filed against JP Morgan Chase Bank N.A. as the successor to Washington Mutual Inc. (WaMu) (Benson, et al., v. JP Morgan Chase Bank, N.A., No. 10-17402; Lowell v. JP Morgan Chase Bank, N.A., No. 10-17404, 9th Cir.; 2012 U.S. App. LEXIS 5752).

Lexis.com subscribers may access Banking & Finance resources on Lexis.com.  Mealey's subscribers may search Mealey's Litigation Reports by Practice Area.

Additional  Banking and Financial Law resources and Emerging Issues Analysis and are available in the LexisNexis Store.

Find full version on lexis Advance®
Access this news story on lexis.com®