WASHINGTON — JPMorgan and Wells Fargo will pay municipal bond issuers a total of nearly $78 million to settle a civil class-action lawsuit claiming they manipulated bidding for guaranteed investment contracts.

Settlements approved late last week by Judge Victor Marrero of the U.S. District Court of the Southern District of New York in Manhattan call for JPMorgan to pay $42.6 million and for Wells Fargo to pay $35 million.

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