JPMorgan Board Liable For Madoff Failures, 2nd Circ. Hears

By Cara Salvatore ( December 8, 2015, 11:45 PM EST) -- JPMorgan shareholders who say the bank enabled Bernard Madoff's massive Ponzi scheme urged a federal appeals court Tuesday to revive their suit and not create a nearly "insurmountable" bar that would quarantine bank boards from almost any such malfeasance....

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