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Federal Judge Dismisses Borrower's Suit Against Chase

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OAKLAND, Calif. - A federal judge in California on May 2 dismissed a suit arising from a loan acquired by JP Morgan Chase & Co. (Chase) after Washington Mutual Bank (WaMu) failed, finding that a borrower did not adequately amend his claims (Darrio Nardico v. J.P. Morgan Chase & Co. Inc., et al., No. 12-4891, N.D. Calif.; 2013 U.S. Dist. LEXIS 63194)....(read more)

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