JPMorgan Chase & Bear Stearns Litigation

Shareholders of Bear Stearns sought a preliminary injunction in this case to prevent the acquisition of Bear Stearns by JPMorgan Chase. David Gross and a Compass Lexecon team in Chicago supported Larry Meyer, a former Governor of the Federal Reserve, who put forth an affidavit explaining the Federal Reserve’s actions and the potentially serious consequences to the financial system as a whole if an injunction preventing the acquisition was granted. We also analyzed other economic issues in the case. The shareholders dropped their suit the day before the scheduled preliminary injunction hearing. JPMorgan Chase was successfully represented by Marc Wolinsky, Peter Hein, Douglas Mayer, and others at Wachtell, Lipton, Rosen & Katz.