March 19, 2015
A Washington, D.C., federal judge on Wednesday denied a nonprofit financial reform advocate's attempt to ax what it called a "sweetheart deal" in a $13 million settlement between the U.S. Department of Justice and JPMorgan Chase & Co. over mortgage-backed securities practices, saying the group lacked standing to bring the suit.
July 08, 2014
Financial reform advocacy group Better Markets Inc. said Tuesday that the U.S. Department of Justice's November $13 billion settlement with JPMorgan Chase & Co. has deprived the public from knowing whether the government entered a "sweetheart" deal with the country's largest bank.
May 20, 2014
The U.S. Department of Justice on Monday asked a Washington, D.C., federal judge to dismiss a suit alleging its $13 billion mortgage bond settlement with JPMorgan Chase & Co. was an improper "backroom deal" that should be submitted for court approval.
February 10, 2014
Nonprofit financial reform advocate Better Markets Inc. on Monday asked a D.C. federal court to nix the U.S. Department of Justice's $13 billion settlement with JPMorgan Chase & Co. over allegedly misleading mortgage-backed securities practices by the banking giant, claiming the agency didn't have the authority to enter the deal without court approval.