The Illinois General Assembly passed a bill on Tuesday that would reform the state's pension plan to lower future benefits for current state employees. The legislature amended the pension plan in an effort to...
Search Results for: JP Morgan
Hearings begin in class action suit against Australia's largest banks
Hearings in a multi-million dollar class action suit against Australia and New Zealand Banking Group Limited (ANZ) began Monday before the Federal Court of Australia in Melbourne. More than 43,000 ANZ customers have accused [AFP...
Federal judges allows pension lawsuit against JPMorgan to continue
Judge Katherine Forrest of the US District Court for the Southern District of New York on Wednesday denied a motion to dismiss a lawsuit brought by a pension plan against JPMorgan Chase (JPM) [corporate website; JURIST news...
The European Commission on Tuesday stated that Visa Europe, a subsidiary of Visa, Inc. , has breached EU antitrust laws. Visa Europe imposes multilateral interchange fees (MIFs) that retailers must pay for accepting...
JPMorgan agrees to $100 million settlement in credit card case
JPMorgan Chase on Tuesday agreed to a $100 million settlement in a case alleging that the company increased monthly minimum payments for credit card holders from 2 percent to 5 percent in 2008 and...
The US Court of Appeals for the Ninth Circuit on Thursday dismissed a lawsuit against several banks, including Bank of America (BOA) and Wells Fargo & Company , alleging that banks engaged in price-fixing...
US Bancorp , one of the 10 largest banks in the US, on Monday announced that they have agreed to a $55 million settlement to resolve lawsuits by customers who sued over excessive overdraft fees. The settlement is...
Federal judge grants preliminary approval for JPMorgan settlement
The US District Court for the Southern District of New York granted JPMorgan Chase permission on Monday to pay $44.6 million in order to resolve allegations of fraudulent bidding practices for state...
JPMorgan wins court approval for settlement on overdraft fees
A senior judge for the US District Court for the Southern District of Florida approved a settlement agreement on Thursday between JPMorgan Chase & Co. (JPMC) and more than one million litigants...
Madoff trustee wins right to appeal after dismissal of JP Morgan suit
An order made public Thursday awarded Madoff trustee Irving Picard the right to appeal the dismissal of his $19 billion suit against JPMorgan Chase & Co. . >Judge Colleen McMahon of the US District Court for the Southern...