October 06, 2015
The U.S. Securities and Exchange Commission has reached a settlement with two former JPMorgan Securities directors it claims were part of an $8 million pay-to-play scheme to land underwriting funding from county officials, according to an order from an Alabama federal judge on Tuesday
September 05, 2014
A federal judge denied two former J.P. Morgan Securities Inc. directors' bid for summary judgment on claims concerning a pay-to-play scheme to win business from Alabama's Jefferson County, finding Friday that his court had jurisdiction over swaps deals involved in the U.S. Securities and Exchange Commission's suit.
June 07, 2013
A federal judge on Friday rejected the U.S. Securities and Exchange Commission's bid to move forward without the testimony of a key witness in a long-stalled suit against two former J.P. Morgan Securities Inc. directors over an alleged pay-to-play scheme in now-bankrupt Jefferson County, Ala.
May 18, 2011
An Alabama federal judge on Tuesday stayed key depositions in the U.S. Securities and Exchange Commission's fraud suit against two former J.P. Morgan Securities Inc. directors in deference to the Department of Justice's antitrust probe of the municipal bond market.
May 16, 2011
The U.S. Department of Justice on Monday successfully stayed the U.S. Securities and Exchange Commission's deposition in a suit against two ex-J.P. Morgan Securities Inc. directors in Alabama in order to protect its antitrust probe of the municipal bond market.
May 12, 2011
Larry P. Langford, the jailed former Birmingham mayor whose criminal fraud and bribery conviction is on appeal, asked an Alabama federal judge Thursday not to be ordered to testify in a civil case against two ex-J.P. Morgan Securities Inc. directors.
March 21, 2011
Ex-J.P. Morgan Securities Inc. director Douglas MacFaddin, accused of participating in a pay-to-play scheme, on Monday challenged the U.S. Department of Justice's bid in Alabama federal court to stay the deposition of two jailed bankers linked to the fraud.