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August 17, 2015

Second Circuit Seeks Advice in JPM Case, Adopts Tougher Standard for Derivative Suits

“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​.

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