In the pending appeal of Assured Guaranty v. J.P.
Morgan, Inc., the Appellant, J.P. Morgan, is seeking a court determination that investors are
preempted from and otherwise prevented from pursuing claims for non-fraud civil causes of action such as
negligence, breach of contract, and breach of fiduciary duty. The Public Investors Bar Association
has submitted a Brief Amicus Curiae in opposition to the
Appellant’s position, and it is anticipated that J.P. Morgan will be unsuccessful on its appeal.
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