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JPMorgan Settles Ala. Muni Bond Claims for $700M

By Jacqueline Bell (November 4, 2009, 3:37 PM EST) -- JPMorgan Chase & Co. has agreed to pay more than $720 million to put to rest claims by the U.S. Securities and Exchange Commission of improper payments intended to procure business involving municipal bond offerings and swap agreement transactions in Jefferson County, Ala....

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