Trump’s JPM lawsuit unlikely to succeed, experts say
By: Kate Berry | Published: 2026-01-26 11:00:00 | Source: www.nationalmortgagenews.com
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- What’s at Stake: The lawsuit accuses JPMorganChase of trade libel and breach of good faith, claiming CEO Jamie Dimon violated Florida’s Unfair and Deceptive Trade Practices Act.
- Supporting Data: Under commercial law and bank account agreements, banks can close accounts at any time for any reason, leading many experts to call the suit “frivolous.”
- Forward Look: The case will take years to play…
