'London Whale' Claims Rightly Bypassed Board, NY Court Told

By Jeff Zalesin (October 6, 2015, 8:34 PM EDT) -- JPMorgan Chase investors seeking to revive derivative claims over the infamous $6 billion "London Whale" trading loss told a Manhattan appeals court Tuesday that bringing the claims to the bank's board would have been futile because of personal liability some directors potentially faced....

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