You are here: > Resources > JPMorgan Accused of Breaking Its Du...

JPMorgan Accused of Breaking Its Duty to Clients

Date: April 10, 2011
Author: Louise Story
QUOTE: While the clients lost nearly all their money, JPMorgan collected nearly $1.9 billion from Sigma’s demise, according to the suit. That’s because as Sigma’s troubles worsened, JPMorgan lent the vehicle billions of dollars and received valuable assets in the form of a security deposit.

Article MetaInformation:

Key People:
Key Organizations:
Subject & Geographic Categories:


*User comments are posted without LLC's prior review or approval, and LLC takes no responsibility for them; please see our Conditions of Service Agreement.