Borrowers File Class Action Against Major U.S. Banks Alleging Prime Rate-Fixing Conspiracy
In a sweeping new class-action lawsuit, a group of borrowers has accused some of the largest U.S. financial institutions of…
JPMorgan Chase
Prestigious Law Firm Sullivan and Cromwell Falls Victim to High-Stakes Fraud
In a case that highlights how even the most prestigious law firms are not immune to fraud, scammers reportedly siphoned…
U.S. Companies Modify DEI Policies Amid Legal Threats
A recent review has revealed that at least six major U.S. companies, including JPMorgan Chase, have adjusted their diversity, equity,…
Deutsche Bank Changing General Counsel
Summary: Deutsche Bank, in the midst of their largest legal bills, will have two new general counsels by the beginning…
Five Major Banks Hit With a $5 Billion Fine and Felony Charges
Summary: The Department of Justice slams five major banks with the largest antitrust violations fines for rigging the US dollar…
Estimate for Legal Services Increased by JPMorgan Chase
Summary: In a securities filing on Monday, JPMorgan Chase announced that it has increased its estimate for legal services relating to…
The Hoffman Law Group Accused of Mortgage Scam by Former Attorney
Michele Stephens is a former employee of The Hoffman Law Group from Palm Beach, Florida. Stephens said that from day…
VIX Trader Jeremy Wien Joining Och-Ziff Group
A competitive poker player and JPMorgan Chase & Co. head of VIX trading Jeremy Wien, according to Bloomberg News,…
J.P. Morgan Sells Commodities Business to Swiss Trader for $3.5 Billion
J.P. Morgan Chase & Co. in a deal expected to be completed in the third quarter, will sells its commodities…
Watchdog Group Wants $13 Billion JPMorgan Chase & Co. Settlement Reviewed
A Wall Street watchdog group founded by an Atlanta hedge fund manager said, JPMorgan Chase & Co. (JPM)'s $13 billion…
U.S. Bankruptcy Judge Approves $543 Million Madoff Settlement by JPMorgan
U.S. Bankruptcy Judge Stuart Bernstein in New York has approved a $543 million settlement with the trustee for Bernard Madoff's…
The Stock Market Decline
Some economists blame the negative market news on the severe winter weather. There has already been an apparent economic slowdown…