Non-profit group Better Markets sues DOJ over JPMorgan settlement
The non-profit financial reform advocacy group Better Markets filed a lawsuit on Monday against the US Department of Justice (DOJ) to block JPMorgan Chase & Co.'s (JPM) $13 billion settlement that resolved federal and...
A judge for the US District Court for the Southern District of New York approved a deal on Wednesday between the US Attorney's Office for the Southern District of New York and JPMorgan Chase [corporate...
The US Attorney's Office for the Southern District of New York entered into a deferred prosecution agreement with JP Morgan Chase & Co. on Tuesday, which stipulates the bank will pay $1.7 billion...
The Illinois General Assembly passed a bill on Tuesday that would reform the state's pension plan to lower future benefits for current state employees. The legislature amended the pension plan in an effort to...
Hearings begin in class action suit against Australia's largest banks
Hearings in a multi-million dollar class action suit against Australia and New Zealand Banking Group Limited (ANZ) began Monday before the Federal Court of Australia in Melbourne. More than 43,000 ANZ customers have accused [AFP...
Federal judges allows pension lawsuit against JPMorgan to continue
Judge Katherine Forrest of the US District Court for the Southern District of New York on Wednesday denied a motion to dismiss a lawsuit brought by a pension plan against JPMorgan Chase (JPM) [corporate website; JURIST news...
The European Commission on Tuesday stated that Visa Europe, a subsidiary of Visa, Inc. , has breached EU antitrust laws. Visa Europe imposes multilateral interchange fees (MIFs) that retailers must pay for accepting...
JPMorgan agrees to $100 million settlement in credit card case
JPMorgan Chase on Tuesday agreed to a $100 million settlement in a case alleging that the company increased monthly minimum payments for credit card holders from 2 percent to 5 percent in 2008 and...
The US Court of Appeals for the Ninth Circuit on Thursday dismissed a lawsuit against several banks, including Bank of America (BOA) and Wells Fargo & Company , alleging that banks engaged in price-fixing...
US Bancorp , one of the 10 largest banks in the US, on Monday announced that they have agreed to a $55 million settlement to resolve lawsuits by customers who sued over excessive overdraft fees. The settlement is...
