JPMorgan Settles WorldCom Suit for $2 Bln (Reuters)

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March 16th, 2005, 06:00 PM

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JPMorgan Settles WorldCom Suit for $2 Bln (Reuters)

Reuters - JPMorgan Chase & Co. on
Wednesday agreed to pay $2 billion to settle a lawsuit accusing
it of hiding risks from WorldCom Inc. investors when the bank
helped the company sell bonds.

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