JPMorgan Asks To Move Petters $3.7B Ponzi Suit To Fed. Court

By Dan Ivers (April 14, 2014, 5:06 PM EDT) -- JPMorgan Chase & Co. and other financial institutions on Thursday requested that a hedge fund's pending lawsuit accusing them of playing a role in a $3.7 billion Ponzi scheme carried out by disgraced businessman Thomas Petters be moved to New York federal court on Monday, according to court documents....

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