English Lessons

DIRECTIONS: Read the folowing and answer all the questions?
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The trustee seeking money for Bernard Madoff's victims filed an amended complaint on Friday more than tripling the amount of damages he is seeking to recover from JPMorgan Chase, once the imprisoned Ponzi schemer's main bank.

cnbc.com

Irving Picard is now looking for $19 billion in damages, up from the $5.4 billion he previously sought.

The damages are in addition to about $1 billion sought in fraudulent transfers and equitable claims.

The amended complaint, based on expanded allegations, also includes a jury demand.

In a complaint made public in February, Picard accused the second-largest U.S. bank of being "thoroughly complicit" in Madoff's fraud and ignoring red flags.

JPMorgan [JPM  39.49    -0.58  (-1.45%)   ] now has until Aug. 1 to respond to the amended complaint, Picard said in a statement.

JPMorgan did not immediately respond to an email seeking comment. 

Irving Picard is now looking for $19 billion in damages, up from the $5.4 billion he previously sought?

A. TRUE
B. FALSE 

JPMorgan [JPM  39.49    -0.58  (-1.45%)   ] now has until Aug. 1 to respond to the amended complaint, Picard said in a statement.JPMorgan did not immediately respond to an email seeking comment?

 A. TRUE
B. FALSE