A group of traders from across the U.S. who allege that JPMorganChase manipulated precious metals markets for years are one step closer to bringing a class-action suit against the nation's largest bank.
Earlier this month a federal judge said five lawsuits making similar allegations against the bank could be combined, potentially including thousands of people who traded in the precious metals market from January 2009 through December 2015.
JPMorgan declined to comment on this story.
Judge John Koeltl of the Southern District of New York appointed the White Plains, N.Y., law firm Lowey Dannenberg as interim lead counsel for the proposed class action. ...
... For the remainder of the report:
https://www.cnbc.com/2019/02/07/federal-judge...they-can-com... * * *
