The Board of Trustees of the Operating Engineers Pension Trust et al v. JPMorgan Chase Bank, National Association

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Case overview

Case Number:

1:09-cv-09333

Court:

New York Southern

Nature of Suit:

Labor: E.R.I.S.A.

Multi Party Litigation:

Class Action

Judge:

Katherine B. Forrest

Firms

Companies

Sectors & Industries:

  1. August 16, 2013

    JPMorgan Chase To Pay $23M To Settle Securities Suit

    JPMorgan Chase Bank NA has agreed to pay $25 million to settle a putative class action claiming it breached its fiduciary duties to a pension fund and other investors by investing its assets in Lehman Brothers Holdings Inc. notes despite knowing Lehman was about to collapse, according to court documents filed Friday.

  2. March 27, 2013

    JPMorgan Can't Duck Lehman Investment Class Action

    A New York federal judge on Wednesday blocked JPMorgan Chase Bank NA's bid to have a putative class action tossed that alleges the banking giant breached its fiduciary duties to a pension fund by investing its assets in Lehman Brothers Holdings Inc. notes despite knowing Lehman was about to collapse.

  3. April 20, 2012

    JPMorgan Skirts ERISA Action Over Lehman Investments

    A New York federal judge on Friday threw out a pension fund's putative class action against JPMorgan Chase Bank NA over its allegedly risky investments in Lehman Brothers Inc. fixed-rate notes, saying the plaintiff's allegations were conclusory.

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