February 04, 2011 Irving Picard filed a $6.4 billion lawsuit against JP Morgan in December. It was unsealed Thursday. In the suit, the trustee says executives at JP Morgan Chase were told about concerns that he was running a massive fraud but ignored the warnings.
ABOUT THE AUTHOR
Melanie Rodier has worked as a print and broadcast journalist for over 10 years, covering business and finance, general news, and film trade news. Prior to joining Wall Street & Technology in ...