The settlement would end nearly eight years of litigation that have resulted in more than $226 million in payouts from 11 Defendants, including Morgan Stanley and JPMorgan Chase. Read more
Morgan Stanley said it earned $6.2 billion, or $2.96 a share, from continuing operations in 2014. Read more
The settlement also resolves Lehman's challenges to JPMorgan's decision to close out thousands of derivatives trades following the bankruptcy. Read more
Two former JPMorgan traders, Javier Martin-Artajo and Julien Grout, face criminal charges for allegedly concealing the "London Whale" losses. Read more
The suit claims JPMorgan violated the Securities Exchange Act by misleading investors about the riskiness of the bank's derivatives trading, which led JPMorgan's stock to drop when the losse... Read more
RBS will pay $255 million and Goldman Sachs will pay $135 million if the settlement gets final approval. Read more
There is a class-action lawsuit in Montana by Volkswagen owners that has a different twist. Read more
Shareholders just had a major victory in the “London Whale” litigation, which caused a $6.2 billion loss, against JPMorgan Chase & Co – permission to pursue their securities fraud lawsuit ag... Read more
JPMorgan Chase & Co. has agreed to pay $388 million to end an investor class action in New York federal court. The financial giant was accused of misrepresenting underwriting standards f... Read more
JPMorgan Chase Bank NA has agreed to pay $10.2 million to settle a class action lawsuit accusing its automotive loan department of violating the Telephone Consumer Protection Act (TCPA). It... Read more
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