JPMorgan Pays $150M To Settle Pension Funds' ERISA Claims

By Sindhu Sundar · March 16, 2012, 10:54 PM EDT

JPMorgan Chase Bank NA on Friday agreed to pay $150 million to settle a consolidated class action brought by three retirement funds accusing the bank of botching their investments in structured...

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Case Information

Case Title

Board Of Trustees Of The AFTRA Retirement Fund et al v. JPMorgan Chase Bank, N.A.

Case Number

1:09-cv-00686

Court

New York Southern

Nature of Suit

Labor: E.R.I.S.A.

Date Filed

January 23, 2009