September 27, 2022
A JPMorgan Chase & Co. shareholder's derivative suit over $200 million in fines levied against the bank last year is still too vague despite recent attempts to amend the complaint, the bank and its board of directors said in a motion to dismiss in New York federal court Monday.
March 11, 2022
JPMorgan Chase & Co.'s board of directors has been hit with a derivative shareholder suit after the bank agreed late last year to pay $200 million in fines for allowing employees to discuss business on their personal devices for years without preserving those communications.