Some of Wall Street’s financial titans are facing lawsuits from equally formidable foes: Billionaire Len Blavatnick is suing JPMorgan Chase for losing $100 million of his money in subprime mortgages, and Norway is suing Citigroup for misrepresenting its financial condition to boost its stock price.
Continue reading Legal Briefing: Big Banks Are Getting Sued by Big Plaintiffs
Legal Briefing: Big Banks Are Getting Sued by Big Plaintiffs originally appeared on DailyFinance on Sun, 26 Sep 2010 13:15:00.
Filed Under: Company News, Columns, People, Investing, JP Morgan Chase, Citigroup