JPMorgan Settles $5B RMBS Suits Brought By German Banks

Orrick - Finance 20/20
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On October 23, JP Morgan agreed to pay an undisclosed sum to settle cases brought by three German banks in the Supreme Court of the State of New York concerning the banks’ alleged purchase of $5 billion of RMBS. Sealink Stipulation. Bayern Stipulation. LBBW Stipulation.

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