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JP Morgan

JP Morgan latest

JP Morgan
November 4th, 2024 - 10:12 GMT
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JP Morgan affiliates set to pay $151M due to misleading investors

Two affiliates of investment banking firm JP Morgan agreed to pay more than $151 million in combined civil penalties and voluntary payments to investors to resolve four ­actions. Actions regarding J.P. Morgan Securities LLC (JPMS) and J.P. Morgan Investment Management Inc. include failure to provide disclosures to investors, breach of fiduciary duty, prohibited joint transactions and principal trades, and failures to make recommendations in the best interest of customers. The ...
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