JPMorgan, Others Escape Claims They Aided Enron Fraud

Law360, New York (November 29, 2011, 10:45 PM EST) -- A Texas federal judge on Tuesday tossed a lawsuit claiming JPMorgan Chase & Co., Credit Suisse First Boston Inc. and other financial firms aided the fraud that led to energy giant Enron Corp.'s collapse and sent its executives to prison.

U.S. District Judge Melinda Harmon denied a motion by plaintiffs Ravenswood Capital I LLC, Ravenswood Capital II LLC and Whitewood LLC — who claim they are successors-in-interest to claims of Prudential Insurance Co., which bought more than $115 million worth of Enron securities — to amend...
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