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Shareholders sue JPMorgan over $2B trading loss
Shareholders of JPMorgan Chase & Co. have filed two lawsuits against the nation's biggest bank, accusing it and its leaders of taking excessive risk and causing a monumental $2 billion trading loss.The company disclosed the loss last week, saying it resulted from a failed hedging strategy.The lawsuits filed on Wednesday in New York claim JPMorgan changed its risk model without telling investors. They
Shareholders of JPMorgan Chase & Co. have filed two lawsuits against the nation's biggest bank, accusing it and its leaders of taking excessive risk and causing a monumental $2 billion trading loss.The company disclosed the loss last week, saying it resulted from a failed hedging strategy.The lawsuits filed on Wednesday in New York claim JPMorgan changed its risk model without telling investors. They
NY judge: Apple statements damage lawsuit position
A federal judge cited the confident voice of the late Apple founder Steve Jobs on Tuesday as she refused to toss out lawsuits alleging the company and various publishers conspired to drive up the
Groups sue to protect beluga whales in Alaska
A lawsuit challenging petroleum exploration in Alaska's Cook Inlet was filed Tuesday by four groups, including an Alaska Native village, that claim seismic testing will harm endangered beluga whales.
A lawsuit challenging petroleum exploration in Alaska's Cook Inlet was filed Tuesday by four groups, including an Alaska Native village, that claim seismic testing will harm endangered beluga whales.
NY judge: Apple statements damage lawsuit position
A federal judge cited the confident voice of the late Apple founder Steve Jobs on Tuesday as she refused to toss out lawsuits alleging the company and various publishers conspired to drive up the
Israeli group wins terror suit against Syria, Iran
An Israeli advocacy group won a $323 million judgment in a U.S. court against Iran and Syria for supporting Palestinian militants that killed an American teenager and ten others in a 2006 bombing,
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