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JPMorgan Chase To Pay $23M To Settle Securities Suit

By Jeff Sistrunk (August 16, 2013, 9:58 PM EDT) -- JPMorgan Chase Bank NA has agreed to pay $23 million to settle a putative class action claiming it breached its fiduciary duties to a pension fund and other investors by investing its assets in Lehman Brothers Holdings Inc. notes despite knowing Lehman was about to collapse, according to court documents filed Friday....

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