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-   -   JPMorgan reaches $388 mln settlement in mortgage securities case (https://hameed.nwar.uk/vb/showthread.php?t=1522428)

ahlam1399 07-18-2015 07:19 AM

JPMorgan reaches $388 mln settlement in mortgage securities case
 
JPMorgan reaches $388 mln settlement in mortgage securities case
July 17 (Reuters) - JPMorgan Chase & Co agreed to pay $388 million to settle a suit by investors claiming that the largest U.S. bank had misled them about the safety of $10 billion worth of residential mortgage-backed securities it sold before the financial crisis.


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