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Louisiana Municipal Police Pension Fund Sues J.P. Morgan Chase Over Foriegn Exchange Trading
Pensions & Investments 
Sept. 3, 2012 "The $1.4 billion Louisiana Municipal Police Employees Retirement System ... filed a lawsuit in federal court against J.P. Morgan Chase, accusing the bank of manipulating clients' foreign-exchange transactions for its own benefit. The suit ... claims J.P. Morgan Chase took advantage of investors by causing them to pay what were often the worst currency rates available on a given trading day." MORE >> |
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