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JPMorgan Chase seeks to avoid $115M in legal fees, claiming convicted fraudsters were not its employees.
JPMorgan Chase is seeking to avoid paying $115 million in legal fees for convicted fraudsters, arguing it should not be responsible for costs associated with defending individuals it claims were not its employees or agents.
The bank contends the obligation stems from a prior settlement and requests the court reconsider its liability.
The case is ongoing, with no final decision yet.
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JPMorgan Chase busca evitar $115 millones en honorarios legales, alegando que los defraudadores condenados no eran sus empleados.