February 13, 2014
by Arjun Mishra
02/10/2014: Better Markets sued DOJ over JP Morgan settlement. 02/04/2014: JP Morgan Chase paid 614 million in mortgage lending settlement. 01/31/2014: New York judge approved Bank of America settlement over mortgage-backed securities. 10/25/2013: US government reached 51 billion settlement ...[read more]
January 9, 2014
by Amy Mathieu
A judge for the US District Court for the Southern District of New York approved a deal on Wednesday between the US Attorney's Office for the Southern District of New York and JPMorgan Chase to settle the criminal charges of failure to report suspicions about Bernard Madoff's Ponzi scheme. The ...[read more]
January 7, 2014
by Bradley McAllister
The US Attorney's Office for the Southern District of New York entered into a deferred prosecution agreement with JP Morgan Chase & Co. on Tuesday, which stipulates the bank will pay $1.7 billion to the US government for its role in the Bernard Madoff Ponzi scheme. A criminal complaint was ...[read more]
March 28, 2013
by Matthew Pomy
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). The lawsuit alleges that JPM engaged in risky business practices in investing in Lehman Brothers in a ...[read more]
July 25, 2012
by Sung Un Kim
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 2009 to profit from higher fees. The settlement, which was filed with the US District Court for the ...[read more]
June 5, 2012
by Sung Un Kim
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 and local government investment securities at taxpayers' expense. The approval came after an order ...[read more]
May 25, 2012
by Max Slater
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 nationwide who sued over excessive overdraft fees. The settlement requires JPMC to pay $110 million ...[read more]
December 2, 2011
by Rebecca DiLeonardo
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 District of New York indicated in her order that, in the interest of an ...[read more]
November 8, 2011
by Jamie Reese
Two former Bernard Madoff investors filed a proposed class-action lawsuit against JP Morgan Chase & Co (JPMC) Monday seeking recovery of $19 billion for allegedly aiding Madoff in orchestrating his Ponzi scheme. The suit, filed in the US District Court for the Southern District of New York, ...[read more]
October 27, 2009
by Andrew Wood
Allan Meltzer: Congress and the administration typically try to find scapegoats to satisfy the public that they are dong something about failed policies. In the 1980s, the alleged culprits were venal operators of a few savings and loans. This time it is the greedy bankers. I agree that the... ...[read more]

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