JPMorgan Must Face Suit From Client Scammed by Identity Thieves

JPMorgan Chase Bank NA must face a consumer’s federal claim alleging the banking giant refused to repay $300,000 in unauthorized electronic fund transfers from identity thieves, after the Ninth Circuit reinstated the claim Monday as potentially timely.

Margaretha Natalia Widjaja sued Chase for allegedly violating the Electronic Fund Transfer Act by imposing excessive liability on her in connection with the unauthorized withdrawals. The U.S. District Court for the Central District of California dismissed the complaint, citing her lengthy delay in reporting the claims to Chase.

The U.S. Court of Appeals for the Ninth Circuit partially reversed. It found that, although ...