JPMorgan $280M MBS Settlement Preliminarily Approved

By Kurt Orzeck (May 2, 2014, 9:44 PM EDT) -- A New York federal judge on Friday signed off on a settlement in which JPMorgan Chase & Co. affiliates will pay $280 million to end a long-running consolidated class action accusing them of misleading investors into buying $36.8 billion worth of mortgage-backed securities....

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