Judge Recused Over Mom's Shares Back On Bench

Law360, New York (December 7, 2011, 10:11 PM EST) -- U.S. District Judge John G. Koeltl on Wednesday reinstated himself in 15 suits, including securities and labor class actions involving JPMorgan Chase & Co. and Citigroup Inc., after previously recusing himself because of shares of stock held by his deceased mother's estate.

The judge said in orders filed this week that he had divested the estate of all potentially conflicting shares in companies including JPMorgan and Citigroup, as well as Comcast Corp., The Coca-Cola Co. and Traveler's Casualty and Surety Co. of America, indicating he was no longer disqualified to preside over cases involving those companies.

Affected cases included a recent...

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