J.P. Morgan Sec. Inc. v. Ader

Jason-ader01 Aug, 2024News

JPM is a broker-dealer and investment banking firm. Bear Stearns & Co. Inc. (Bear. Stearns) is the surviving entity in a merger with JPM that occurred in late 2008. After the merger, Bear Stearns changed its name to J.P. Morgan Securities Inc. (i.e., the plaintiff herein). The amended complaint refers to JPM and Bear Stearns, interchangeably, as the same entity. Defendant Jason Ader is the sole member, president, and chief executive officer of defendant Hayground Cove Asset Management LLC (HC Asset). The various Hayground Cove defendants are referred to as the Hayground Cove entities.