Litigation
Jan. 10, 2014
Judge allows state's suit against JPMorgan to proceed
JPMorgan's lawyers unsuccessfully tried to convince a Los Angeles County judge that litigation privilege surrounding the company's collection suits should shield it against the complaint.
Daily Journal Staff Writer
LOS ANGELES - A judge swatted down an attempt by JPMorgan Chase & Co. to nix a lawsuit alleging that the banking giant "robosigned" hundreds of thousands of collection actions at the height of the financial crisis.
In a hearing Tuesday on the company's demurrer, its attorneys tried to convince a judge that litigation privilege surrounding the collection suits should shield it aga...
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