JPMorgan Sued Over $180M Liquidation Of Bear-Held Assets

By Kelly Rizzetta (May 30, 2012, 4:06 PM EDT) -- A Cayman Islands investment firm on Tuesday accused JPMorgan Chase Bank NA of wrongly liquidating $180 million in assets formerly held by Bear Stearns Cos. Inc. to pay down the firm's debt under a $2.8 billion credit facility, challenging the bank's reasoning that its merger with Bear Stearns gave it control of the funds....

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