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Washington - Securities Law
JPMorgan, Wells Fargo to Pay $78 Million in Bid Rigging Settlements
by: Jonathan Hemmerdinger
Monday, December 17, 2012
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JPMorgan Chase & Co. and Wells Fargo will pay municipal bond issuers a total of nearly $78 million to settle a civil class-action lawsuit claiming the banks manipulated bidding for guaranteed investment contracts.

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