Tag: Mizuho bank

US District Judge Allows Mt.Gox Class Action Lawsuit Against Mizuho Bank to Proceed in California

Northern District of Illinois Judge Gary Feinerman, has ruled that a class action suit filed in Illinois by victims of the the Mt.Gox fraud against Japanese bank Mizuho, will be moved to the Central District of California based on long-arm statute. “California’s long-arm statute allows the exercise of personal jurisdiction to the full extent permissible under the U.S. Constitution.” Mizuho attempted to have the suit relocated to Japan on jurisdictional …
[Read More]