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.
JPMorgan, Wells Fargo to Pay $78 Million in Bid Rigging Settlements
DEC 17, 2012 4:31pm ET
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New York's budget leaves it at risk of becoming one of only five states that do not allow the use of design-build procurement to deliver public infrastructure projects.
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