December 26, 2018 / 4:17 PM / 9 months ago

Judge to hear whistleblower's arguments on JPMorgan mortgage lawsuit

A federal judge in Washington, D.C. will hear arguments in January on whether to dismiss a whistleblower’s lawsuit accusing JPMorgan Chase of claiming payments under a federal mortgage relief program without meeting the program’s requirements.

Whistleblower Laurence Schneider, a real estate investor from Boca Raton, Florida is fighting a bid by the U.S. Department of Justice to have his lawsuit dismissed, arguing that the government could reap hundreds of millions of dollars if the case proceeds.

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