JPMorgan to pay $153.6 million in SEC fraud case

Started by Reuters, Jun 22, 2011, 03:02 PM

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Reuters

Jun 22, 2011, 03:02 PM
WASHINGTON/NEW YORK (Reuters) - JPMorgan Chase & Co agreed to pay $153.6 million to settle U.S. Securities and Exchange Commission charges that it defrauded investors who bought mortgage securities sold just before the nation's housing market collapsed.

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