The judge in a suit over the wrongful handling of bundled mortgages by JPMorgan Chase & Co. refused, with conditions, to seal testimony by two employees of a mortgage processing company that admitted during depositions to taking questionable actions on behalf of the bank.
Southern District Magistrate Judge James Francis IV sided with the plaintiffs in Mortgage Resolution Servicing v. JPMorgan Chase Bank,15-cv-00293, finding that the deponents failed to meet the burden for protection.
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