Judge Revives $774 Million Securities Case Against JPMorgan

Citing a recent federal appeals court decision, U.S. District Judge Jed Rakoff in Manhattan said he had lacked jurisdiction when he threw out much of the lawsuit on April 2. That ruling dismissed claims for all but $5.7 million of the roughly $774 ...

, Southern District of New York Judge Jed Rakoff dismissed the complaint of the Trustee for the SemGroup estate seeking to avoid a novation made to Barclays pre-bankruptcy under a swap agreement. The Court held that the pre-bankruptcy transaction ...

Gupta, 64, in October last year, was handed down a two-year prison term by US District Court Judge Jed Rakoff, who also ordered him to pay a $5 million fine

The U.S. District Judge Jed Rakoff has revoked his earlier order to dismiss a major portion of the lawsuit filed by Brussels based Dexia N.V./S.A against JPMorgan Chase & Co. (JPM). The lawsuit accused JPMorgan of deliberately selling risky ...

It was huge news back in November 2011 when U.S. District Judge Jed Rakoff threw down the figurative gauntlet and said, essentially, that enough is enough when it comes to civil settlements with federal prosecutors. He rejected a hard-won $285 ...

NEW YORK, May 31 (UPI) -- The appeals court said the jury in the case had been instructed by federal judge Jed Rakoff incorrectly, The Financial Times reported Friday. What needs changing is the jury should have placed the burden of proof on ...

Gupta Challenges Insider Conviction and U.S. Use of Wiretaps Businessweek http://t.co/adLDJAECkV -> US judge Jed Rakoff tells how Wall Street got away with it — The Australian http://t.co/dyKrEFoAGt -> SAC's Martoma says U.S. impedes defense ...

Wall Street is trading in record territory, the US economy is showing sustainable signs of life and yet five years after the global financial crisis sent the world economy to its lowest ebb since the Depression, not one banker has faced criminal ...

Tags: Bank of America Corp., Countrywide, Edward ODonnell, Ellen Davis, Fannie Mae, Freddie Mac, Jed Rakoff, Lawrence Grayson 6:40 am Thu, May 9, 2013 A judge narrowed a lawsuit by the U.S. against Bank of America Corp. over mortgages the bank and ...