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Russell Dusek, et al v. JP Morgan Chase & Co., et al
Case Number:
15-14463
Court:
Nature of Suit:
3850 Securities, Commodities, Exchange
Companies
Sectors & Industries:
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June 27, 2017
Supreme Court Declines To Hear Class Action Tolling Case
The U.S. Supreme Court on Tuesday declined to hear a case that centered on how strict the Securities Act's three-year statute of repose is, after a Monday ruling by the high court helped to clarify the same issue.
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August 10, 2016
11th Circ. Affirms JPMorgan's Win Over Madoff Investors
The Eleventh Circuit on Wednesday affirmed a lower court’s dismissal of claims brought against JPMorgan Chase by investors in Bernie Madoff’s Ponzi scheme alleging it failed to report suspicious banking activities, ruling that a securities claim is time-barred and a racketeering claim precluded because it is based in securities fraud.