October 26, 2015
A California federal judge on Monday tossed a proposed racketeering class action accusing a JPMorgan Chase & Co. subsidiary of rigging electricity prices, ruling the bank's $410 million settlement with the Federal Energy Regulatory Commission blocked the consumer complaint.
May 05, 2015
A proposed class of California consumers accusing a JPMorgan Chase & Co. subsidiary of rigging electricity prices is trying to improperly piggyback off the bank's $410 million settlement with the Federal Energy Regulatory Commission, the bank argued Monday.
March 10, 2015
JPMorgan Chase & Co. was hit Monday with a racketeering suit in California federal court claiming a subsidiary rigged electricity prices in California, allegations the banking giant paid $410 million to settle in a 2013 deal with the Federal Energy Regulatory Commission.