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J.P. Morgan To Pay $154M In Mortgage Case

Jun 21, 2011 | Reprints | Unlock Link | Print

J.P. Morgan Chase & Co. said on Tuesday it agreed to pay $153.6 million to settle U.S. Securities and Exchange Commission charges that it misled investors about a mortgage securities transaction just as the nation’s housing market was starting to plummet.

J.P. Morgan did not admit wrongdoing in agreeing to settle. (Reuters)

Banking & Lending

J.P. Morgan To Pay $154M In Mortgage Case

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J.P. Morgan To Pay $154M In Mortgage Case