JPMorgan Asks 6th Circ. To Back Class Waiver In Antitrust Suit

Law360, New York (February 4, 2013, 8:34 PM EST) -- JPMorgan Chase Bank NA on Friday urged the Sixth Circuit to enforce a class arbitration waiver in an antitrust case over auto loan fees, saying a Second Circuit decision that invalidated an American Express Co. arbitration agreement with a similar waiver didn't apply to this case.

JPMorgan is appealing a lower court's refusal to dismiss class claims brought by lead plaintiff Christopher Lowry, who claims the bank charged improper fees on an auto loan. The lower court improperly left to an arbitrator the question of whether...
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