This Week in Chancery Court: JPMorgan Board, EOS, T-Mobile

JPMorgan Chase & Co. board members, including CEO Jamie Dimon, will ask the Delaware Court of Chancery this week to dismiss claims that they ignored red flags about the bank’s response to alleged fraud involving the Zelle money-transfer app.

T-Mobile, billionaire Bill Foley, and a Denver Nuggets super-fan known on social media as the “red pant man” also are the court’s calendar:

Tuesday: Farzad v. Trasimene Capital FT LP II, Del. Ch., No. 2023-0193, oral argument 1/30/24.

At issue: Foley faces investor litigation over claims he made a killing steering a shell company, Foley Trasimene Acquisition Corp. ...