JPMorgan Chase Settles Claims over Bid-Rigging for Muni Bond Derivatives

, The Litigation Daily


JPMorgan Chase Co. became the latest financial giant to settle bid-rigging claims related to municipal bond derivative transactions when a federal district judge approved a $44.6 million settlement on Monday. Represented by Simpson Thacher, the bank is settling claims with the city of Baltimore, hospitals and universities in Mississippi, and a school district and water and sewage service in Bucks County, Pennsylvania, which are represented by Hausfeld, Susman Godfrey, and Boies, Schiller.

This article has been archived, and is no longer available on this website.

View this content exclusively through LexisNexis® Here

Not a LexisNexis® Subscriber?

Subscribe Now

Why am I seeing this?

LexisNexis® is now the exclusive third party online distributor of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® customers will be able to access and use ALM's content by subscribing to the LexisNexis® services via® and Nexis®. This includes content from The National Law Journal®, The American Lawyer®, Law Technology News®, The New York Law Journal® and Corporate Counsel®, as well as ALM's other newspapers, directories, legal treatises, published and unpublished court opinions, and other sources of legal information.

ALM's content plays a significant role in your work and research, and now through this alliance LexisNexis® will bring you access to an even more comprehensive collection of legal content.

For questions call 1-877-256-2472 or contact us at

What's being said

Comments are not moderated. To report offensive comments, click here.

Preparing comment abuse report for Article# 1202557637153

Thank you!

This article's comments will be reviewed.