On Tuesday, the New York Supreme Court ruled that JPMorgan Chase & Co is entitled to insurance coverage for $140 million of a Securities and Exchange Commission settlement with the former Bear Stearns Cos over improper mutual fund trading. The Court of Appeals ruled 6-1, overturning a lower court ruling, that the $140 million was… Continue reading Appeal Court Rules JPMorgan Chase Entitled to Insurance Coverage in Bear Stearns Settlement
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