Homeowners Defend $300M JPMorgan Force-Placed Deal

Law360, New York (September 30, 2013, 5:06 PM ET) -- A class of homeowners who scored a $300 million settlement with JPMorgan Chase Bank NA and Assurant Inc. over their force-placed insurance business urged a Florida federal judge Monday to keep plaintiffs in a rival California case from interfering with the deal, saying they had forfeited that right.

The Florida class is locked in a contentious dispute with plaintiffs in a first-filed California case over consummation of the deal, and argued to U.S. District Judge Federico A. Moreno that the California plaintiffs should not be allowed to...
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