Tag Archives: JPMorgan

Court Revives Whistleblower Suit Against JPMorgan

Filed under: Company News, JP Morgan Chase, Banks, Scandals and Lawsuits, Ripoffs & Scams Stan Honda, AFP/Getty Images By Joseph Ax NEW YORK — A U.S. appeals court ruling Thursday revived a lawsuit against JPMorgan Chase (JPM) filed by a former vice president claiming the bank ignored red flags about a client’s potential fraud, even after the massive Ponzi scheme ...

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JPMorgan Chase Agrees to Pay $4.5 Billion Over Bad Mortgage-Backed Securities

Filed under: Mortgages, Real Estate, Banks, Investment Fraud, Securities Alamy By Karen Freifeld NEW YORK — JPMorgan Chase & Co (JPM) said on Friday it agreed to pay $ 4.5 billion to settle claims by investors who lost money on mortgage-backed securities before the collapse of the U.S. housing market. The bank reached the agreement with 21 institutional investors in ...

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