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flag JPMorgan and Dimon argue Trump’s $5B lawsuit, blaming them for his account closures, wrongly targets them to shift the case to state court.

flag JPMorgan Chase and CEO Jamie Dimon argue in a court filing that former President Donald Trump improperly named Dimon as a defendant in his $5 billion lawsuit, claiming the move was intended to shift the case from federal to state court. flag The bank contends Trump’s claims of unfair trade practices do not apply to federally regulated bank executives. flag Trump sued in January, alleging JPMorgan unlawfully debanked him and placed him on a political “blacklist” after closing his accounts in 2021, which the bank denies. flag JPMorgan seeks to move the case to federal court in Miami, asserting the lawsuit lacks merit and is part of a broader pattern of legal actions by Trump. flag The bank says it has no knowledge of any blacklist and challenges the absence of specific evidence.

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