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Subprime Mortgages JPMorgan Chase

Robins Kaplan LLP

Your daily dose of financial news - The Brief – 8.22.16

Robins Kaplan LLP on

The SEC’s opened an inquiry into Hampton Creek in response to a Bloomberg report that the Just Mayo maker used undercover contractors to purchase its non-egg mayonnaise product in bulk not long before HC raised $90 million...more

Bilzin Sumberg

Derivative Suit Filed Against JPMorgan Alleges Culture of Risk

Bilzin Sumberg on

Adding to JPMorgan Chase’s widely publicized recent legal woes, shareholder Bradley P. Miller filed a derivative suit against the bank and its directors in California federal court on January 23, 2014, as a result of the $20...more

Orrick - Finance 20/20

JP Morgan Discloses Investigation of MBS Practices

Orrick - Finance 20/20 on

In its Form 10-Q filed with the SEC on August 7, JP Morgan Chase & Co. disclosed that it is responding to parallel criminal and civil investigations by the U.S. Attorney’s Office for the Eastern District of California...more

Bilzin Sumberg

Federal Criminal Investigation of JPMorgan

Bilzin Sumberg on

The civil division of the Justice Department has preliminarily concluded that JPMorgan broke federal laws in connection with its sale from 2005 to 2007 of subprime and Alt-A residential mortgage securities, and the bank is...more

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