November 10, 2014
A New York federal judge on Monday refused to move from federal to state court a suit in which hedge funds accused JPMorgan Chase & Co. and others of aiding and abetting disgraced businessman Thomas Petters' $3.7 billion Ponzi scheme.
April 14, 2014
JPMorgan Chase & Co. and other financial institutions on Thursday requested that a hedge fund's pending lawsuit accusing them of playing a role in a $3.7 billion Ponzi scheme carried out by disgraced businessman Thomas Petters be moved to New York federal court on Monday, according to court documents.