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Investigation for Long-Term Investors in shares of JPMorgan Chase & Co. (NYSE: JPM) announced

02-04-2021 04:19 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Shareholders Foundation

An investigation on behalf of current long term investors in JPMorgan Chase & Co. (NYSE: JPM) shares.

An investigation on behalf of current long term investors in JPMorgan Chase & Co. (NYSE: JPM) shares.

An investigation was announced concerning potential breaches of fiduciary duties by certain directors and officers of JPMorgan Chase & Co..

Investors who are current long term investors in JPMorgan Chase & Co. (NYSE: JPM) shares, have certain options and should contact the Shareholders Foundation at mail@shareholdersfoundation.com or call +1(858) 779 - 1554.

The investigation by a law firm for current long term investors in NYSE: JPM stocks follows a lawsuit filed against JPMorgan Chase & Co. over alleged securities laws violations. The investigation on behalf of current long term investors in NYSE: JPM stocks, concerns whether certain JPMorgan Chase & Co. directors are liable in connection with the allegations made in that lawsuit.

According to that complaint filed in the U.S. District Court for the Eastern District of New York the plaintiff alleges that the defendants made false and/or misleading statements and/or failed to disclose that traders at the Company, with the knowledge and consent of their superiors, manipulated the precious metals market by “spoofing,” or placing fake orders to generate the appearance of market demand, that the Company had insufficient controls and compliance protocols to enable it to identify and stop the misconduct, that the Company’s earnings in the physical commodity market were, at least in part, ill-gotten; (4) such conduct would result in enhanced regulatory scrutiny, that the Company provided misleading information to CFTC investigators at early stages of the investigation into the misconduct, that resolution of the governmental investigation into the Company would result in a record-breaking $920 million fine, and that as a result, Defendants’ statements about its business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times.

Those who purchased shares of JPMorgan Chase & Co. (NYSE: JPM) have certain options and should contact the Shareholders Foundation.

Media Contact:
Michael Daniels
Shareholders Foundation, Inc.
3111 Camino Del Rio North
Suite 423
San Diego, CA 92108
Tel: +1-(858)-779-1554
E-Mail: mail@shareholdersfoundation.com

About Shareholders Foundation, Inc.
The Shareholders Foundation, Inc. is a professional portfolio monitoring and settlement claim filing service, and an investor advocacy group, which does research related to shareholder issues and informs investors of securities class actions, settlements, judgments, and other legal related news to the stock/financial market. Shareholders Foundation, Inc. is in contact with a large number of shareholders and offers help, support, and assistance for every shareholder. The Shareholders Foundation, Inc. is not a law firm. Referenced cases, investigations, and/or settlements are not filed/initiated/reached and/or are not related to Shareholders Foundation. The information is provided as a public service. It is not intended as legal advice and should not be relied upon.

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