March 16, 2012
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 investment vehicle Sigma Finance Inc., which collapsed in 2008.
February 08, 2012
JPMorgan Chase Bank NA and the American Federation of Television and Radio Artists Retirement Fund have potentially settled a class action contending JPMorgan mishandled investments for the fund in the notes of a structured investment vehicle that collapsed in 2008, the parties said Tuesday.
August 05, 2011
A New York federal judge granted partial summary judgment Friday to JPMorgan Chase Bank NA in a class action arising out of its investment of several retirement funds' cash collateral in medium-term notes of Sigma Finance Inc., a structured investment vehicle that collapsed in 2008.