Chancery Tosses Zelle Fraud Suit Against JPMorgan Directors

By Leslie A. Pappas (April 16, 2024, 1:26 PM EDT) -- A JPMorgan Chase & Co. shareholder that sued the bank's board for allegedly ignoring fraud on the payment platform Zelle has not shown the bank failed to respond to the problem, a Delaware Chancery Court judge ruled Tuesday, dismissing the shareholder's case....

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