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Anderjaska et al v. Bank of America, N.A. et al
Case Number:
1:19-cv-03057
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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March 08, 2021
Judge Can't Send Out-Of-State Chase Clients To Arbitration
A New York federal magistrate judge has found that two JPMorgan Chase customers are bound to arbitration agreements with the bank, but he can't compel them to arbitration because that order would have to be given in the states where the customers live.
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May 15, 2020
Big Banks Seek Exit From Suit Over Third-Party Investments
Four major banks including Citibank and Wells Fargo have urged a New York federal judge to toss a proposed consumer class action accusing them of failing to prevent or cover losses sustained due to a third party's fraudulent binary options scheme, arguing they are not liable for "poor investment decisions."