JPMorgan Shakes Investor Suit Over $40M Ponzi Scheme

By Stephanie Russell-Kraft (February 6, 2015, 4:26 PM EST) -- A New York federal judge Friday tossed an investor suit alleging JPMorgan Chase & Co. and others enabled a $40 million Ponzi scheme carried out by Philip Barry, finding that the suit, first brought in state court, met the requirements for dismissal under the Securities Litigation Uniform Standards Act....

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