Skip to Content

JP Morgan Clients Say Circuits Are Split on SLUSA Standards – Law360

September 15, 2017 In The News

Patricia Holtz, lead plaintiff in a Securities Class Action case, is asking the US Supreme Court to reinstate her case against JP Morgan after the bank used SLUSA to justify having the case removed from Illinois State court to federal court. The JP Morgan clients allege the bank violated its commitments to clients by pushing them towards the bank’s own funds rather than making the best investment options.  According to Ms. Holtz, who is represented by New York Securities Law Firm Zamansky LLC, the Second, Third, and Ninth circuits’ interpretation of SLUSA would have led her case to be remanded to state court, while JP Morgan has used cases cutting against that notion to have her case transferred to federal court, with the eventual intention of having her case and similar cases dismissed altogether.

Read full article via Law360.com

Tell Us About
Your Losses

Categories

Jake's Blog

Client Reviews

“Jake Zamasky and his colleagues represented me in a FINRA arbitration case against a large multinational bank and succeeded in obtaining an award for the full amount of my investment losses. I would highly recommend the Zamansky firm for their experience in securities litigation, their level of detailed research and case preparation, and their ability to effectively fight for what’s right.”

Richard R.

“Throughout my entire case, Jake Zamansky was incredibly responsive and spent time walking me through each step of the process. He is professional and worked with my challenging schedule, even meeting with me nights and on weekends. He knew exactly which turn to take when it came to my case and yet was respectful of any decisions I wanted to make resulting in a positive outcome.”

Donald A.

“Jake Zamansky and his firm represented me in a FINRA arbitration case to recover investment losses. Jake and his team were very professional and worked very hard preparing for trial and then reaching a substantial settlement of our case. I would highly recommend them.”

William E.

“Jake Zamansky represented me in a FINRA arbitration case which allowed me to recover a substantial portion of investment losses. He is truly an expert in this space and I would highly recommend him to those investors who may have been been a victim of investment fraud.”

Chris K.

“Jake and his team did a great job communicating with me throughout the process of my lawsuit. I would recommend him to anyone looking to sue UBS for unethical practices.”

Mike A.
View More
Tell Us About Your Losses Get Started