Legal
JPMorgan wins appeal against insurers over Bear Stearns settlement
New York's highest court ruled on Tuesday that JPMorgan Chase & Co (JPM.N) is entitled to insurance coverage for $140 million of a U.S. Securities and Exchange Commission settlement with the former Bear Stearns Cos over improper mutual fund trading. Reversing a lower court ruling, the Court of Appeals ruled…
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Click here to read the full story: Reuters