Judge Daniels found that the settlement was “fair, reasonable and adequate” for the class of investors, saying the objections had no merit. 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
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
It is being said that the “London Whale” is the gift that keeps giving for regulators. Former London-based JPMorgan trader Bruno Iksil, whose team is thought to be responsible for the comple... Read more
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