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BETTER MARKETS, INC. v. DEPARTMENT OF JUSTICE et al
Case Number:
1:14-cv-00190
Court:
Nature of Suit:
Judge:
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March 19, 2015
DOJ Gets Suit Over $13B JPMorgan Deal Tossed
A Washington, D.C., federal judge on Wednesday denied a nonprofit financial reform advocate's attempt to ax what it called a "sweetheart deal" in a $13 million settlement between the U.S. Department of Justice and JPMorgan Chase & Co. over mortgage-backed securities practices, saying the group lacked standing to bring the suit.
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July 08, 2014
Group Says Court Must Decide $13B JPMorgan Deal's Fairness
Financial reform advocacy group Better Markets Inc. said Tuesday that the U.S. Department of Justice's November $13 billion settlement with JPMorgan Chase & Co. has deprived the public from knowing whether the government entered a "sweetheart" deal with the country's largest bank.
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May 20, 2014
DOJ Defends $13B JPMorgan Settlement From Legal Challenge
The U.S. Department of Justice on Monday asked a Washington, D.C., federal judge to dismiss a suit alleging its $13 billion mortgage bond settlement with JPMorgan Chase & Co. was an improper "backroom deal" that should be submitted for court approval.
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February 10, 2014
Nonprofit Sues To Block $13B JPMorgan Settlement
Nonprofit financial reform advocate Better Markets Inc. on Monday asked a D.C. federal court to nix the U.S. Department of Justice's $13 billion settlement with JPMorgan Chase & Co. over allegedly misleading mortgage-backed securities practices by the banking giant, claiming the agency didn't have the authority to enter the deal without court approval.