JPMorgan Wants NM AG's Credit Card Suit In Federal Court

Law360, New York (May 22, 2013, 8:00 PM EDT) -- JPMorgan Chase & Co. on Wednesday said New Mexico Attorney General Gary King's purported class action alleging the bank's retail unit used deceptive marketing to ensnare customers in credit card payment protection plans should be heard in federal, not state, court.

King sued JPMorgan's Chase Bank NA unit and eight other banks in the First Judicial District of Santa Fe County on April 17, alleging that they used false marketing techniques to get credit card customers to buy payment protection plans, which the banks claim shield...
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