Trump Files Opposition to Dismissal of JPMorgan Lawsuit

Donald Trump's Lawyer Claims JPMorgan CEO Jamie Dimon Can't "Escape Liability" for Alleged Blacklisting

A new filing by Donald Trump's lawyer, Alejandro Brito, has reasserted the president's claim that JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon personally directed the bank to drop Trump as a client and added his name to an industry "blacklist" after the January 6, 2021, Capitol riot. The alleged blacklisting is said to be in violation of a Florida unfair practices law.

According to the filing, JPMorgan is seeking to move the case to New York, citing account agreements signed by Trump as a JPMorgan client, which require disputes to be litigated in the state. However, Trump's lawyer argues that the alleged actions of Dimon, the bank's CEO, cannot be ignored, and that the bank is trying to escape liability.

The case is part of Trump's campaign against banks that he claims have wrongfully denied services to conservatives. Both JPMorgan and Capital One Financial Corp. closed accounts held by Trump or his businesses shortly after the January 6, 2021, Capitol riot, although neither bank has given specific reasons for closing the accounts.

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In an effort to transfer the case to US District Court in Manhattan, JPMorgan moved the case from state court to Miami federal court in March. However, Trump is fighting to move the case back to state court based on Dimon's alleged actions.

Trump's lawyer acknowledged that highly regulated financial institutions may be exempt from civil suits under the Florida Deceptive and Unfair Trade Practices Act. However, the lawyer argued that no court has held the law automatically exempts a bank CEO from liability.

The judge could rule on JPMorgan's request to move the case to New York at any time.

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