July 17, 2015
A New Jersey federal judge has transferred a putative class action suit against JPMorgan Chase & Co. to Manhattan, holding that the bank showed good cause to move claims that a “culture of thievery” at the bank led to its countenance of Bernie Madoff’s crimes.
March 06, 2015
A New Jersey federal class action claiming a "culture of thievery" inside JPMorgan Chase & Co. led the bank to countenance Bernie Madoff's crimes appears headed for Manhattan, after a magistrate's finding that the New York court has valuable "expertise and familiarity" with the giant Ponzi scheme's facts.