“A federal appeals court asked for the Delaware Supreme Court’s advice in a $6.25 billion suit against JPMorgan’s Chase & Co.’s board of directors that could reshape how boards respond to allegations of wrongdoing (Espinoza v. Dimon, 2d Cir., No. 14-cv-01754, question certified, 8/12/15).” Download the story, which includes comments from Better Markets President and CEO Dennis Kelleher, below. Reproduced with permission from Daily Report for Executives,157 DER, (Aug. 14, 2015). Copyright 2015 by The Bureau of National Affairs, Inc. (800-372-1033) http://www.bna.com.
August 17, 2015
Second Circuit Seeks Advice in JPM Case, Adopts Tougher Standard for Derivative Suits
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