CENTRAL LABORERS' PENSION FUND v. DIMON

No. 14 Civ. 1041 (PAC).

CENTRAL LABORERS' PENSION FUND and STEAMFITTERS LOCAL 449 PENSION FUND, derivatively on behalf of JPMorgan Chase & Co., Plaintiffs, v. JAMES DIMON, LINDA B. BAMMANN, JAMES A. BELL, CRANDALL C. BOWLES, STEPHEN B. BURKE, JAMES S. CROWN, TIMOTHY P. FLYNN, LABAN P. JACKSON, MICHAEL A. NEAL, LEER. RAYMOND, WILLIAM C. WELDON, WALTER V. SHIPLEY, and ROBERT I. LIPP, Defendants. JPMORGAN CHASE & CO., a Delaware corporation, Nominal Defendant.

United States District Court, S.D. New York.

November 6, 2014.


Attorney(s) appearing for the Case

Central Laborers Pension Fund, Plaintiff, represented by Alan Ian Ellman , Robbins Geller Rudman & Dowd LLP, David Avi Rosenfeld , Robbins Geller Rudman & Dowd LLP & Samuel Howard Rudman , Robbins Geller Rudman & Dowd LLP.

Steamfitters Local 449 Pension Fund, Plaintiff, represented by Alan Ian Ellman , Robbins Geller Rudman & Dowd LLP, David Avi Rosenfeld , Robbins Geller Rudman & Dowd LLP & Samuel Howard Rudman , Robbins Geller Rudman & Dowd LLP.

James Dimon, Defendant, represented by Emil A. Kleinhaus , Wachtell, Lipton, Rosen & Katz & John F Savarese , Wachtell, Lipton, Rosen & Katz.

Linda B. Bammann, Defendant, represented by Jaculin Aaron , Shearman & Sterling LLP, Jessica Lyn Bartlett , Shearman & Sterling LLP & Stuart Jay Baskin , Shearman & Sterling LLP.

James A. Bell, Defendant, represented by Jaculin Aaron , Shearman & Sterling LLP, Jessica Lyn Bartlett , Shearman & Sterling LLP & Stuart Jay Baskin , Shearman & Sterling LLP.

Crandall C. Bowles, Defendant, represented by Jaculin Aaron , Shearman & Sterling LLP, Jessica Lyn Bartlett , Shearman & Sterling LLP & Stuart Jay Baskin , Shearman & Sterling LLP.

Stephen B. Burke, Defendant, represented by Jaculin Aaron , Shearman & Sterling LLP, Jessica Lyn Bartlett , Shearman & Sterling LLP & Stuart Jay Baskin , Shearman & Sterling LLP.

James S. Crown, Defendant, represented by Jaculin Aaron , Shearman & Sterling LLP, Jessica Lyn Bartlett , Shearman & Sterling LLP & Stuart Jay Baskin , Shearman & Sterling LLP.

Timothy P Flynn, Defendant, represented by Jaculin Aaron , Shearman & Sterling LLP, Jessica Lyn Bartlett , Shearman & Sterling LLP & Stuart Jay Baskin , Shearman & Sterling LLP.

Laban P. Jackson, Defendant, represented by Jaculin Aaron , Shearman & Sterling LLP, Jessica Lyn Bartlett , Shearman & Sterling LLP & Stuart Jay Baskin , Shearman & Sterling LLP.

Michael A. Neal, Defendant, represented by Jaculin Aaron , Shearman & Sterling LLP, Jessica Lyn Bartlett , Shearman & Sterling LLP & Stuart Jay Baskin , Shearman & Sterling LLP.

Lee R. Raymond, Defendant, represented by Jaculin Aaron , Shearman & Sterling LLP, Jessica Lyn Bartlett , Shearman & Sterling LLP & Stuart Jay Baskin , Shearman & Sterling LLP.

William C. Weldon, Defendant, represented by Jaculin Aaron , Shearman & Sterling LLP, Jessica Lyn Bartlett , Shearman & Sterling LLP & Stuart Jay Baskin , Shearman & Sterling LLP.

Walter V. Shipley, Defendant, represented by Emil A. Kleinhaus , Wachtell, Lipton, Rosen & Katz & John F Savarese , Wachtell, Lipton, Rosen & Katz.

Robert I. Lipp, Defendant, represented by Emil A. Kleinhaus , Wachtell, Lipton, Rosen & Katz & John F Savarese , Wachtell, Lipton, Rosen & Katz.

JPMorgan Chase & Co., Defendant, represented by Emil A. Kleinhaus , Wachtell, Lipton, Rosen & Katz & John F Savarese , Wachtell, Lipton, Rosen & Katz.


OPINION & ORDER

PAUL A. CROTTY, District Judge.

Plaintiffs move for reconsideration of the Court's Opinion and Order, Central Laborers' Pension Fund v. Dimon, 2014 WL 3639185 (S.D.N.Y. July 23, 2014) ("MTD Order"), dismissing their derivative action alleging, inter alia, breach of fiduciary duty with respect to JPMorgan's banking relationship with Bernard Madoff The Court dismissed due to Plaintiffs' failure to make...

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