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Showing posts with label JPMorgan hit with new investor lawsuit over Whale losses. Show all posts
Showing posts with label JPMorgan hit with new investor lawsuit over Whale losses. Show all posts

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