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Madoff Investor’s RICO Suit Against JPMorgan Chase DismissedA federal judge has dismissed a RICO suit against JPMorgan Chase brought by one of Bernard M. Madoff’s investors. MLSMK Investments, represented by Wachtel & Masyr, alleged that JPMorgan became aware of Madoff’s fraud in the summer of 2008 but continued to manage his Chase account and conduct trades with him. MLSMK, which lost $12.8 million deposited in Madoff’s Chase account,…read full article on Law.com here. Comments are closed. |
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