New York Federal Judge Unseals Order Certifying J.P. Morgan ERISA Class

Mealey's (April 19, 2017, 12:44 PM EDT) -- NEW YORK — A New York federal judge on April 17 unsealed a two-week-old order certifying a class of J.P. Morgan Chase & Co. (JPMC) employees who invested in any of its stable value funds during 2009 and 2010, saying he found evidence of a possible causal link between alleged breaches of fiduciary duties and the underperformance of the funds (In re J.P. Morgan Stable Value Fund ERISA Litigation, No. 1:12-cv-2548, S.D. N.Y.)....