London Whale Lawsuit : Franchise Herald

London Whale Lawsuit

London Whale Lawsuit

JP Morgan To Pay $150 Million, Settle London Whale Lawsuit

JPMorgan Chase & Co. has agreed to pay $150 million to settle investors’ claims, according to a report from Bloomberg. The company will be paying for claims that it hid from investors as much as $6.2 billion in losses caused by a trader dubbed the “London Whale.”

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