Judge Balks At Doc Request In JPMorgan Market-Timing Suit

Law360, New York (January 23, 2014, 7:16 PM EST) -- A New York state judge on Thursday expressed skepticism about a group of insurers' push for a broad discovery order requiring JPMorgan Chase & Co. to produce documents related to an alleged market-timing scheme by Bear Stearns Cos. Inc., saying the cost would be excessive.

At a hearing in Manhattan, New York Supreme Court Judge Charles E. Ramos said he preferred a more piecemeal approach as opposed to the motion presented by Federal Insurance Co., Liberty Mutual Insurance Co. and others, which he said could wind...
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