JPMorgan Must Produce More Docs In WaMu Bondholder Suit

Law360, Washington (July 15, 2013, 2:38 PM ET) -- A Washington district judge on Monday blasted JPMorgan Chase & Co. and a group of insurance company bondholders of Washington Mutual NA for dragging out a suit alleging JPMorgan engineered WaMu's downfall to purchase it cheaply, and ordered the bank to hand over information on large trading transactions that could have affected WaMu's solvency.

U.S. District Judge Rosemary M. Collyer directed JPMorgan to hand over additional documents that detail its and its institutional investors' WaMu stock sales and large transactions stemming from their WaMu bank accounts...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers