Pension Fund Can't Join JP Morgan Suit: 7th Circuit

Law360 (June 25, 2008, 12:00 AM EDT) -- An appeals court has denied the Colorado Public Employees' Retirement Association's attempt to join a securities class action against JP Morgan Chase & Co., backing a lower court finding that the pension fund waited too long to intervene in the case.

CoPERA, an early and late purchaser of stock in Bank One, which was created in a merger between Old Banc One and First Chicago NBD Corp. and is now JP Morgan, should not have been able to join at the end of 2007, just after...
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