Legal Opinion
In Re JP Morgan Chase Securities Litigation
District Court, S.D. New York
Decided March 28, 2005No. 02 Civ. 1282(SHS)PublishedCited by 99 opinions
1Opinion of the Court
OPINION & ORDER
STEIN, District Judge.
Table of Contents
I. Background. 602
A. Overview . 602
B. The Parties . 603
C. The Alleged Scheme. 603
1. The Mahonia Transactions. 603
2. LJM2............606
The Fall of Enron. 605
E. JPM Chase’s Alleged Misstatements and Omissions. 608
1. Allegedly Improper Accounting for the Mahonia Transactions as Trades Rather Than as Loans and as Viable Rather than Impaired 609
a. Mahonia Transactions Should Allegedly Have Been Booked as Loans, Not Trades. 609
b. The Mahonia Assets Were Allegedly Non-performing . 610
2. Alleged Failure to Disclose Legal and Financial Liability.…
2Cases cited65 opinions
- Conley v. GibsonSupreme Court of the United States · 1957
- Basic Inc. v. LevinsonSupreme Court of the United States · 1988
- TSC Industries, Inc. v. Northway, Inc.Supreme Court of the United States · 1976
- Sarah B. Shields, Individually and as Representative of All Others Similarly Situated v. Citytrust Bancorp, Inc., George F. Taylor and Irwin EngelmanCourt of Appeals for the Second Circuit · 1994
- Santa Fe Industries, Inc. v. GreenSupreme Court of the United States · 1977
60 more not listed; retrieve them via the Exa API.
3Cited by99 opinions
- ECA, Local 134 IBEW Joint Pension Trust of Chicago v. JP Morgan Chase Co.Court of Appeals for the Second Circuit · 2009
- In Re Refco, Inc. Securities LitigationDistrict Court, S.D. New York · 2007
- Hutchison v. Deutsche Bank Securities Inc.Court of Appeals for the Second Circuit · 2011
- In Re Marsh & McLennan Companies, Inc. Securities LitigationDistrict Court, S.D. New York · 2006
- Freudenberg v. E Trade Financial Corp.District Court, S.D. New York · 2010
94 more not listed; retrieve them via the Exa API.