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JPMorgan Fends Off Appeal In RMBS Derivative Suit

By Stewart Bishop (March 31, 2016, 7:45 PM EDT) -- A New York appeals court on Thursday refused to revive a shareholder derivative suit targeting JPMorgan Chase & Co. leaders over the damage incurred by the lender's securitization of troubled mortgage loans, saying investors haven't shown that first demanding JPMorgan's board of directors take action would have been futile....

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