Enter your email address and start getting breaking law firm and legal news right now!
|Free Market Evaluation - Send us your resume and we will give you free feedback|
Picard Dealt Blow by Federal Judge in Suit Against JPMorgan
Attorney Irving Picard reached a setback in its 6.8 billion dollar case against JPMorgan. A federal judge ruled that the case could be moved out of bankruptcy court and into a federal district court. Picard has been litigating against banks and investors that he claims enabled Bernie Madoff’s Ponzi scheme. Attorney John Savarese representing JPMorgan says that the case amounts to a “back-door class action suit.”
Read the full article here:
Picard Dealt Blow by Federal Judge in Suit Against JPMorgan by EmploymentCrossing