February 20, 2013
JPMorgan Chase & Co. unit Bear Stearns & Co. on Tuesday urged a Kansas federal judge to toss the National Credit Union Administration's suit over $3.6 billion in residential mortgage-backed securities sold to four failed federal credit unions, saying the securities' risks were public knowledge at the time they were sold.
December 17, 2012
The National Credit Union Administration on Monday sued JPMorgan Chase & Co. in Kansas federal court, alleging its Bear Stearns & Co. unit made false statements regarding the quality of over $3.6 billion in residential mortgage-backed securities sold to four failed federal credit unions.