Chase Didn't Stop Freed & Weiss Partner's Takeover Plot: Suit

Law360, Chicago (February 24, 2012, 6:21 PM EST) -- Freed & Weiss LLC partner Eric Freed sued JPMorgan Chase & Co. in Illinois state court Thursday, alleging the bank interfered with the firm's partnership agreement by failing to catch another name partner and his wife's attempt to freeze Freed out of the business.

Freed alleges that Chase "failed to diligently inquire into the veracity" of statements made by Paul Weiss and his wife and fellow attorney, Jamie Saltzman, when they opened Chase accounts into which they eventually moved the firm's funds, out of Freed's reach....
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