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JPMorgan Hit With Suits Over Losses

JPMorgan Chase now faces two new lawsuits from shareholders angry over the bank’s $2 billion trading loss.  The suits, filed in federal court in New York, allege JPMorgan misled investors about the bets that went bad.   Chief Executive Jamie Dimon has said the bank... ...

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Published By: ABC News - Wednesday, 16 May, 2012