Trump's OWN Judge TOSSES BANK LAWSUITS
[media=https://www.youtube.com/watch?v=6cbzKQugqFc]
Attorneys Brian Kabateck and Shant Karnikian break down the Trump family's lawsuits against Capital One and JP Morgan Chase for closing their accounts after January 6th — and why both cases look like they're circling the drain. The Capital One suit, filed by Trump's go-to Florida lawyer Alejandro Brito, was just dismissed by Judge Roy Altman — a Trump appointee — who called the complaint "deficient" and lacking specific facts. Trump waited four years after the accounts were closed to file, only bringing suit two months into his second presidency, seeking $5 billion in damages under a Florida law prohibiting businesses from refusing service based on political beliefs. The JP Morgan Chase suit, also seeking $5 billion, was filed even later — five years after the accounts were closed — and names CEO Jamie Dimon personally. JP Morgan has been refreshingly blunt about why it closed the accounts: legal and reputational risk after January 6th. Brian and Shant walk through why banks have discretion over who they do business with, why closing the accounts of someone with 34 felony convictions for falsifying business records is risk management — not political discrimination — and why the complaint's opening line about "the highest standards of honesty and fairness" is painfully ironic coming from this plaintiff.
Attorneys Brian Kabateck and Shant Karnikian break down the Trump family's lawsuits against Capital One and JP Morgan Chase for closing their accounts after January 6th — and why both cases look like they're circling the drain. The Capital One suit, filed by Trump's go-to Florida lawyer Alejandro Brito, was just dismissed by Judge Roy Altman — a Trump appointee — who called the complaint "deficient" and lacking specific facts. Trump waited four years after the accounts were closed to file, only bringing suit two months into his second presidency, seeking $5 billion in damages under a Florida law prohibiting businesses from refusing service based on political beliefs. The JP Morgan Chase suit, also seeking $5 billion, was filed even later — five years after the accounts were closed — and names CEO Jamie Dimon personally. JP Morgan has been refreshingly blunt about why it closed the accounts: legal and reputational risk after January 6th. Brian and Shant walk through why banks have discretion over who they do business with, why closing the accounts of someone with 34 felony convictions for falsifying business records is risk management — not political discrimination — and why the complaint's opening line about "the highest standards of honesty and fairness" is painfully ironic coming from this plaintiff.
