A federal judge yesterday dismissed the bulk of a $19.9B lawsuit against JPMorgan (JPM) and half...

|About: JPMorgan Chase & Co. (JPM)|By:, SA News Editor

A federal judge yesterday dismissed the bulk of a $19.9B lawsuit against JPMorgan (JPM) and half of a $2B claim against UBS (UBS) by Irving Picard, the trustee seeking money for Bernard Madoff's victims. The ruling follows the dismissal of an $8.6B case against HSBC (HBC) and other defendants in July.