Just as we wrap up writing about one lawsuit accusing JPMorgan Chase of bringing down a financial giant, a second financial giant — what’s left of it, anyway — has filed its own suit making very similar allegations.
This time it’s the bankrupt estate of Lehman Brothers, which filed suit late Tuesday accusing JPMorgan of abusing its position as Lehman’s clearing bank to acquire inside information and use it to guide decisions that helped bring down Lehman, according to court records and the Wall Street Journal.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Not a Bloomberg Law Subscriber?
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]