Del. Chancery Judge Tosses 'London Whale' Derivative Suit

By Stephanie Russell-Kraft (May 22, 2015, 5:41 PM EDT) -- A Delaware Chancery judge on Friday nixed a pension fund's derivative suit looking to hold JPMorgan Chase & Co. and a slew of its officers and directors accountable for the 2012 "London Whale" trading fiasco, finding the plaintiff has no standing to bring the case since two nearly identical suits were already tossed out of New York federal court....

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