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Kairos Investment Management Company LLC et al v. J. P. Morgan Securities LLC et al
Case Number:
8:23-cv-01124
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August 18, 2023
JPMorgan Wants Missfresh Grocery IPO Valuation Suit Tossed
JPMorgan Chase & Co. is urging a California federal court to drop a suit accusing it and broker-dealer affiliate J.P. Morgan Securities LLC of purposely overvaluing the shares of an online grocer and concealing certain information related to the company's internal controls, saying projections of future value are inactionable.
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June 26, 2023
JPMorgan Accused Of Inflating Grocery IPO Valuation
An asset manager has accused JPMorgan Securities and JPMorgan Chase of purposely overvaluing the shares of an online grocer and concealing certain information related to the company's internal controls ahead of its initial public offering.