The bank settles accusations that it charged certain minority groups higher rates and fees.
The SEC's enforcement failures, along with a lack of proper funding and legislation, leave investors on their own.
| Tags: | Abigail FieldaigJPMlaw |
The only real winners will be the lawyers.
JPMorgan lost a case Tuesday that opens the door for a greater number of aggrieved investors to sue banks.
Nevada attorney general accuses the company of document fraud and illegal fee-splitting. Shares are likely to continue to decline.
| Tags: | Abigail Fieldlaw |
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