Mealey's Securities/D&O Liability - High Court Dismisses JPMorgan Chase From Madoff Suit

Mealey's Securities/D&O Liability - High Court Dismisses JPMorgan Chase From Madoff Suit

WASHINGTON, D.C. - The U.S. Supreme Court on June 9 granted a stipulation of dismissal of claims against JPMorgan Chase & Co. Inc. and certain of its subsidiaries in a securities lawsuit filed by the trustee of Bernard L. Madoff Investment Securities (BLMIS) against a number of parties that failed to properly investigate Madoff's massive Ponzi scheme (Irving H. Picard v. JPMorgan Chase & Co., et al., No. 13-448, U.S. Sup.).

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