Suit Against JPM Chase Thrown Out

Rieker, Matthias
January 2006
American Banker;1/17/2006, Vol. 171 Issue 10, p18
Trade Publication
This article reports that an Oklahoma judge has dismissed a suit that creditors of a bankrupt debt-collection firm brought in 2002 against JPMorgan Chase & Co. Commercial Financial Services Inc. of Tulsa filed for bankruptcy protection in 1998. The trustees for its creditors claimed that negligent advice from Chase Securities Inc. was at least partly to blame.


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