NEW YORK, October 30, 2020 / PRNewswire / – Rosen Law Firm, a global investor rights law firm, reminds buyers of securities of JPMorgan Chase & Co. (NYSE: JPM) between February 23, 2016 and September 23, 2020, including (the “Remedy Period”), December 23, 2020 Lead Plaintiff’s Deadline in Securities Class Action. The lawsuit seeks to recover damages for JPMorgan’s investors under federal securities laws.
To join the JPMorgan class action, go to http://www.rosenlegal.com/cases-register-1959.html or call Phillip Kim, Esq. toll free at 866-767-3653 or by email [email protected] or [email protected] for more information on collective action.
According to the lawsuit, the defendants throughout the litigation period made false and / or misleading statements and / or failed to disclose that: (1) the traders of JPMorgan, with the knowledge and consent of their superiors, manipulated the precious metals market by “impersonating,” or placing bogus orders to generate the emergence of market demand; (2) JPMorgan had insufficient compliance controls and protocols to allow it to identify and stop the fault; (3) JPMorgan’s profits in the physical commodities market were, at least in part, ill-gotten; (4) such conduct would result in increased regulatory scrutiny; (5) JPMorgan provided misleading information to CFTC investigators in early stages of misconduct investigation; (6) resolution of government investigation into JPMorgan would result in record breaking $ 920 million well; and (7) therefore, the defendants’ statements about JPMorgan’s business, operations and prospects were materially false and misleading and / or lacking reasonable basis at all material times. When the real details entered the market, the lawsuit claims that investors have suffered damage.
A class action has already been filed. If you want to become the principal applicant, you must move the court not later than December 23, 2020. A principal plaintiff is a representative party acting on behalf of the other members of the group in the direction of the litigation. If you would like to join the litigation, please visit http://www.rosenlegal.com/cases-register-1959.html or to discuss your rights or interests regarding this class action lawsuit, please contact Phillip Kim, Esq. from the Rosen law firm toll free at 866-767-3653 or by e-mail at [email protected] or [email protected].
NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY A LAWYER UNLESS YOU KEEP ONE. YOU CAN RETAIN ANY ADVICE OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT MEMBER AND DO NOTHING AT THIS POINT. THE ABILITY OF AN INVESTOR TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT ON HIS ACTING AS LEADING PLAINTIFF.
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Rosen Law Firm represents investors around the world, focusing its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was ranked # 1 by ISS Securities Class Action Services for the number of securities class action settlements in 2017. The firm has been ranked in the top 3 every year since 2013. Rosen Law Firm has achieved the greatest settlement of a class action lawsuit never completed against a Chinese company. Rosen Law Firm attorneys are ranked and recognized by many independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Lawyer advertising. Previous results do not guarantee a similar result.
Laurence Rosen, Esq.
Phillip Kim, Esq.
Rosen Law Firm, PA
275 Madison Avenue, 40th Floor
New York, NY 10016
Phone: (212) 686-1060
Toll free: (866) 767-3653
Fax: (212) 202-3827
SOURCE Rosen, PA Law Firm