JPMorgan Chase has faced numerous lawsuits related to its business practices. In early June the US District Court for the Southern District of New York [official website] granted [JURIST report] the bank permission to pay $44.6 million in order to resolve allegations of fraudulent bidding practices for state and local government investment securities at taxpayers' expense. The settlement followed JPMorgan's agreement last July to pay a total of $228 million to federal and state authorities. It agreed [JURIST report] to pay $51.2 million to the affected municipalities, and its affiliates agreed to pay $177 million to settle parallel charges from other federal and state authorities including 25 states' attorneys general, the Securities and Exchange Commission, the Internal Revenue Service, the Office of the Comptroller of the Currency and the Federal Reserve Board [official websites]. A month earlier JPMorgan reached [JURIST report] a $153.6 million settlement for fraud charges brought by the SEC for misleading investors during the housing crises. In May the US District Court for the Southern District of Florida [official website] approved [JURIST report] a settlement agreement between JPMorgan and more than one million litigants nationwide who sued over excessive overdraft fees. JPMorgan agreed to pay $110 million to customers in settlement to resolve the litigation.