Calabasas, CA (PRWEB) June 01, 2011
According to a recent New York Instances article, A class action lawsuit has been filed on behalf of the investors (The suit was filed in United States District Court Southern District of New York. Case 1:09-cv-00686-DCF) alleging that JPMorgan workers developed a grand scheme to profit from Sigma in the event of a collapse.

The New York Occasions goes on to report that, The case, which is filed as a class action and consists of several pension funds as named plaintiffs, accuses JPMorgan of breaching its duty to maintain its consumers in protected investments, and it sheds new light on one particular of Wall Streets oldest troubles regardless of whether banks treat their clientele cash with the identical care that they treat their own.”

Renowned litigator Philip Kramer, senior partner at the law firm of Kramer & Kaslow, comments, Chase had understanding of the shaky nature of the investment at the extremely highest level. Its one factor to make a error. That happens all the time. But this was not an oversight. This was not an accident.

ABOUT PHILIP KRAMER
PHILIP A. KRAMER is the senior companion of the Law Office of Kramer & Kaslow, in Calabasas, California. Kramer & Kaslow is Martindale Hubbell AV rated. Mr. Kramer is a perennial recipient of the prestigious Southern California Super Lawyer award.

Mr. Kramer received his undergraduate degree from Ohio State University and his Juris Doctorate from the Catholic University of America, in Washington, DC. His practice emphasizes industrial litigation and trial advocacy, with a concentration on organization litigation, and true home matters. He has prosecuted and defended instances for over twenty 5 years.

Mr. Kramer is a licensed actual estate broker and has spent considerable time providing legal services in connection with true estate problems relating to loan modification and loss mitigation, land use and zoning, environmental problems, easements, building and improvement, finance, and landlord tenant matters.

Mr. Kramer is admitted to practice just before all courts in the State of California, the United States Supreme Court and the United States Court of Military Appeals. Mr. Kramer has tried in excess of 200 cases. He has appeared on nationally televised applications relating to pre-trial procedure and trial approach and has appeared as a guest lecturer on topics ranging from constitutional law to trial practice, and Mr. Kramer frequently lectures on a broad spectrum of numerous legal and business issues.

Mr. Kramer also serves as a Judge Pro Tem for the Los Angeles Superior Court and as a Mediator.

Mr. Kramer is also a past president of the Los Angeles West Inns of Court, a national organization committed to bringing professionalism and civility back into the legal profession. He also serves on many Boards of Directors and serves as an officer in many firms. For more data get in touch with (818) 224-3900 or visit http://kramer-kaslow.com

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