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Saying that it informed the corporate credit unions of the risks and pointing to the failures of the corporates’ executives and the NCUA, J.P. Morgan Securities has asked a federal judge to dismiss the agency’s lawsuit against it.

The NCUA Board has failed to prove that the firm made “material misrepresentations’’ to the corporate credit unions when selling them residential mortgage backed securities , according to the bank’s filing. Instead, J.P. Morgan alleges that the executives of the corporates made the investments despite warnings from the bank and the NCUA that they were risky.

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