Tag Archives: JPMorgan Chase
SEC Pays Out $50 Million to JP Morgan Whistleblowers
A pair of whistleblowers shared in a $50 million award from the Securities and Exchange Commission (SEC) for providing unique information that helped the agency bring an end to misconduct by JPMorgan Chase. The major financial institution allegedly hid information on some of its conflicts of interest from consumers, resulting in a $307 million SEC […]
Record Settlement Not Enough for JPMorgan Whistleblower
In what was the largest settlement ever reached between the United States Department of Justice and a corporation, JPMorgan Chase paid out $13 billion to the government in response to charges that the organization had significantly overstated the quality of the mortgages that it had been selling to investors leading up to the economic downturn. […]
