Ex-JPMorgan Specialist Loses Bid To Toss SEC Suit

Law360, New York (August 3, 2010, 4:48 PM EDT) -- A federal judge has refused to dismiss an insider trading suit accusing a former JPMorgan Chase & Co. sales specialist of passing on a tip about the sale of mobile gaming company Jamdat Mobile Inc. to Electronic Arts Inc. in 2005.

In an order filed Monday, Judge Barbara S. Jones of the U.S. District Court for the Southern District of New York said the U.S. Securities and Exchange Commission's allegations against Alissa Kueng were sufficient for the case to proceed.

The SEC claims Kueng passed on...
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