JPMorgan Chase to compensate public pension funds for trading losses
JPMorgan Chase has agreed to pay $150 million to public pension funds and individuals hurt by its $6 billion “London Whale” trading loss, Ohio’s attorney general announced Monday. The settlement deal came in a 2012 class-action lawsuit that alleged JPMorgan Chase issued false and misleading statements regarding its trading activity, describing risky and speculative trading […]
- December 22, 2015 September 13, 2019
- 12:05