JPMorgan Asks To Move Petters $3.7B Ponzi Suit To Fed. Court

By Dan Ivers ( April 14, 2014, 5:06 PM EDT) -- 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. . . .

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Law360 is pleased to announce the Rising Stars of 2025, our list of more than 150 attorneys under 40 whose legal accomplishments belie their age.