JPMorgan, ex-Bear Stearns managers win dismissal of BofA lawsuit

NEW YORK (Reuters) – JPMorgan Chase & Co and former Bear Stearns Cos managers Ralph Cioffi and Matthew Tannin won the dismissal of a lawsuit in which Bank of America Corp accused them of causing heavy losses by lying in a desperate bid to prop up two failing hedge funds.

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JPMorgan, ex-Bear Stearns managers win dismissal of BofA lawsuit

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