A Jefferson County circuit court judge last week denied a motion by JPMorgan to dismiss a lawsuit against the investment bank filed by Jefferson County.

The county in November filed suit against JPMorgan, Blount Parrish & Co., Charles LeCroy, Douglas MacFaddin, Larry Langford, William Blount, and Albert LaPierre for their roles in the county’s refinancings and swaps related to $3.2 billion of variable- and auction-rate sewer debt.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.