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How many other lawsuits does this also affect?
by nashashmi 3y ago
How many other lawsuits does this also affect?
- JumpCrisscross 3y agoThere were “at least 12 civil securities-related regulatory investigations, eight of which were conducted by the Commission staff” [1]. No doubt, more will be filed. [1] Fourth paragraph
- jbverschoor 3y agoHow… “inconvenient“
- JumpCrisscross 3y ago> How… “inconvenient“ For JPMorgan, sure. That missing evidence gets interpreted adversely against JPMorgan, which means those cases are basically won. The question is how many more will arise in the coming months, perhaps years, that find reasonable claim to damages arising out of evidence the defendant has conceded it can’t bring to its defense.
- sensanaty 3y agoWill the interpretations of the missing evidence be worse or better for them, though? Seeing as it's JPM, it's very possible that whatever evidence was lost (lol) would be a lot more damaging than whatever the prosecutors will come up with.