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You are here: Home / Celebrities / Celebrity Legal / Larry David and Will Ferrell lose JP Morgan case

Larry David and Will Ferrell lose JP Morgan case

November 20, 2010 by preeti


Larry David and Will Ferrell lose JP Morgan case

A securities industry arbitration panel has ruled against funnymen Larry David and Will Farrell in connection with an investment banking case with JPMorgan Chase. In  a complaint filed by the pair along with Ferrell’s wife Viveca Paulin and his manager Matt Lichtenberg, the foursome claimed that the banking giant made investments worth $18 million which were unsuitable and unauthorized.

According to a report by Wall Street Journal, the panel dismissed the case and ruled in favour of the banking firm and ordered the prosecutors to pay $600,000 in costs to JPMorgan in addition to a fine of $22,500.




Filed Under: Celebrity Legal Tagged With: scandals



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