Former JPMorgan trader renews motion for judgment of acquittal in spoofing lawsuit
As the trial against former JPMorgan trader Christopher Jordan continues in the Illinois Northern District Court, he has filed another motion for acquittal.
The document was submitted at the Court on December 6, 2022. Jordan renewed his Motion for a judgment of acquittal pursuant to Rule 29(a) of the Federal Rules of Criminal Procedure.
The Redacted Second Superseding Indictment charges Mr. Jordan with wire fraud affecting a financial institution, in violation of 18 U.S.C. § 1343. Mr. Jordan seeks a judgment of acquittal because no rational trier of fact could find that the government proved each element of the alleged crime beyond a reasonable doubt.
The Second Superseding Indictment was filed in the Court on November 16, 2021. It charged Jordan and several of his colleagues with:
- Conspiracy to conduct or participate in an enterprise engaged in a pattern of racketeering activity;
- Conspiracy to commit price manipulation, wire fraud affecting a financial institution, commodities fraud and spoofing;
- Attempted price manipulation;
- Wire fraud affecting a financial institution;
- Commodities fraud;
On November 23, 2021, Gregg Smith and Christopher Jordan entered pleas of not guilty.