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Monday, April 15, 2013

JPMorgan hit with new investor lawsuit over 'Whale' losses

A Missouri pension fund has sued JPMorgan Chase & Co executives and board members over $6.2 billion in trading losses that were revealed last year, citing a recent U.S. Senate report that criticized the bank's management for failing to catch the bad trades.

http://www.reuters.com/article/2013/04/15/jpmorgan-lawsuit-idUSL2N0D20ZG20130415?type=companyNews&feedType=RSS&feedName=companyNews

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