Petters Trustee Sues JPMorgan, Others in Clawback Bid

By Dietrich Knauth (October 12, 2010, 7:56 PM EDT) -- The trustee overseeing the bankruptcy of convicted Ponzi schemer Thomas Petters has filed more adversary complaints against companies that invested with Petters, including JPMorgan Chase & Co., Ritchie Capital Management LLC and Acorn Capital Management, placing claims on an estimated $40 billion the fraudsters laundered over the scheme's 10-year run....

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!