Legal Opinion
Espinoza v. Dimon
Court of Appeals for the Second Circuit
Decided December 3, 2015No. 14-1754PublishedCited by 7 opinions
1Opinion of the Court
KATZMANN, Chief Judge:
This is our third opinion addressing Ernesto Espinoza’s derivative suit, in which he alleges that the board of JPMorgan Chase & Co. (“JPMorgan”) improperly failed to investigate alleged misstatements made by JPMorgan executives regarding the “London Whale” trading incident. Espinoza, a JPMorgan stockholder, contends that the board wrongfully rejected his demand that JPMorgan take action because its investigation focused only on the underlying incident and not the executives’ subsequent statements. The United States District Court for the Southern District of New York…
2Cases cited13 opinions
- Aronson v. LewisSupreme Court of Delaware · 1984
- Brehm v. EisnerSupreme Court of Delaware · 2000
- In Re Citigroup Inc. Shareholder Derivative LitigationCourt of Chancery of Delaware · 2009
- Levine v. SmithSupreme Court of Delaware · 1991
- In Re infoUSA, Inc. Shareholders LitigationCourt of Chancery of Delaware · 2007
8 more not listed; retrieve them via the Exa API.
3Cited by7 opinions
- In re JPMorgan Chase Derivative LitigationDistrict Court, E.D. California · 2017
- Gould ex rel. Bank of America v. MoynihanDistrict Court, S.D. New York · 2017
- Buch v. Asuncion Aramburuzabala LarreguiDistrict Court, S.D. New York · 2024
- Elghanian-Halperin v. DimonAppellate Division of the Supreme Court of the State of New York · 2025
- International Brotherhood of Teamsters, Garage Employees Local 272 Labor Management Pension Fund v. Apple Inc.District Court, S.D. New York · 2024
2 more not listed; retrieve them via the Exa API.