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London Whale Derivative Claim Too Flimsy, Judge Rules

By Ed Beeson (June 3, 2015, 3:26 PM EDT) -- A New York state judge dismissed a derivative lawsuit brought against current and former officers and directors of JPMorgan Chase & Co. over the London whale trading debacle Wednesday, finding the claim was both collaterally estopped and too flimsy to float on its own....

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