In re JPMorgan Chase Derivative Litigation

*925ORDER

Kimberly Mueller, UNITED STATES DISTRICT JUDGE '

Shareholders have brought a derivative suit against a corporation’s directors for their allégedly deceitful and financially-destructive role in the 2008 housing collapse. Defendants are current and former JPMorgan Chase & Co. (“JPMorgan”) directors. Plaintiffs are California-based shareholders. Plaintiffs argue defendants breached their fiduciary duties, committed securities violations, and unjustly enriched themselves through defendants’ creation and sale of subprime residential mortgage-backed securities (“RMBS”). The court granted…