NEW YORK – The U.S. Department of Labor filed a lawsuit against JPMorgan Chase & Co., alleging that the financial institution systematically discriminated against female employees in certain professional positions by compensating them less than their male counterparts.
Department of Labor (“ DOL”) and JPMORGAN CHASE & CO. (“JPMC”) that may benefit you. This settlement involves alleged claims of gender discrimination in compensation for the years 2010- 2012 for certain employees in JPMC’s Functional Affirmative Action Program (“FAAP”) covering Investment Bank and Technology & Market Strategies function (INV02) . JPMC disputes claims that it engaged in any unlawful discrimination as alleged by the DOL . O ur records show that you may be one of the class members covered by the settlement. If you take the steps described in this Notice by the deadline below, you may be eligible for a payment of back wages with JPMC.
Corporate conductAllegationAgainst
Brazilian authorities are investigating whether JPMorgan Chase & Co played a role in an alleged bribery
RIO DE JANEIRO (Reuters) - Brazilian authorities are investigating whether JPMorgan Chase & Co played a role in an alleged bribery and money laundering scheme that dated back to 2011 and involved state-run oil company Petrobras, according to documents reviewed by Reuters and two law enforcement sources.
RIO DE JANEIRO (Reuters) - Brazilian authorities are investigating whether JPMorgan Chase & Co played a role in an alleged bribery and money laundering scheme that dated back to 2011 and involved state-run oil company Petrobras, according to documents reviewed by Reuters and two law enforcement sources.
Corporate conductSettlementAgainst
The United States filed a civil fraud lawsuit against JPMORGAN CHASE & CO
The settlement involving JPMORGAN CHASE & CO. concerns mortgage loans.
Department of Veterans Affairs (“VA”), announced today that the United States has filed, and simultaneously settled, a civil fraud lawsuit against JPMORGAN CHASE & CO. and JPMORGAN CHASE BANK, N.A. (collectively, “JPMORGAN CHASE”), for improperly approving thousands of residential home mortgage loans for government insurance and refinancing.
Workplace equityConfirmedYou decide
JPMorgan Chase & Co. scaled back spending on some diversity initiatives
(Bloomberg) -- Jamie Dimon said JPMorgan Chase & Co. will scale back spending on some diversity initiatives that he sees as a waste of money, while he also reiterated the bank's commitment to working with Black, Hispanic and LGBTQ communities.
Jamie Dimon said JPMorgan Chase & Co. will scale back spending on some diversity initiatives that he sees as a waste of money, while he also reiterated the bank’s commitment to working with Black, Hispanic and LGBTQ communities.
Corporate conductConfirmedAgainst
The Federal Reserve Board issued an enforcement action against JPMorgan Chase & Co.
Federal Reserve Board issues enforcement action against JPMorgan Chase & Co. and fines the firm approximately $98.2 million for an inadequate program to monitor firm and client trading activities for market misconduct
24-007-B-HC 24-007-CMP-HC Order to Cease and Desist and Order of Assessment of a Civil Money Penalty Issued Upon Consent Pursuant to the Federal Deposit Insurance Act, as Amended WHEREAS, JPMorgan Chase & Co., New York, New York (“JPMC”), is a registered bank holding company that owns and controls JPMorgan Chase Bank, N.A., Columbus, Ohio (the “Bank”), other U.S. insured depository institutions, Edge Act corporations organized under section 25A of the Federal Reserve Act (12 U.S.C. § 611 et seq.), and nonbank subsidiaries around the world (collectively with JPMC, the “Firm”); WHEREAS, the Board of Governors of the Federal Reserve System (the “Board of Governors”) is the appropriate federal supervisor of JPMC; WHEREAS, JPMC has adopted a Firm-wide risk management, compliance, and audit program designed to identify and manage risks across the consolidated organization; WHEREAS, the Firm maintains a global trade surveillance program to monitor employee and customer trading activities throughout the Firm for potential violations of laws and regulations, including those relating to market misconduct and other manipulative behaviors; WHEREAS, the Board of Governors and the Office of the Comptroller of the Currency (“OCC”) have conducted investigations into the practices of JPMC and its direct and indirect subsidiaries relating to global trade surveillance;
Corporate conductOfficial statementAgainst
The Consumer Financial Protection Bureau filed a lawsuit against JPMorgan Chase
Dimon: We write to request information regarding JPMorgan Chase’s most recent efforts to protect consumers from scams and fraud on peer-to-peer (P2P) payment platforms, including Zelle. Zelle is a P2P payment platform associated with significant scams and fraud, as demonstrated in a 2022 investigation by Senator Warren’s staff,1 an investigation conducted last year by the Senate Permanent Subcommittee on Investigations (PSI),2 oversight conducted by the House Financial Services Committee,3 and a December 2024 lawsuit filed by the Consumer Financial Protection Bureau (CFPB) against JPMorgan Chase, Wells Fargo, Bank of America, and the fintech company that operates Zelle, Early Warning Services.4 Zelle is owned by seven U.S. banks.
Dimon: We write to request information regarding JPMorgan Chase’s most recent efforts to protect consumers from scams and fraud on peer-to-peer (P2P) payment platforms, including Zelle. Zelle is a P2P payment platform associated with significant scams and fraud, as demonstrated in a 2022 investigation by Senator Warren’s staff,1 an investigation conducted last year by the Senate Permanent Subcommittee on Investigations (PSI),2 oversight conducted by the House Financial Services Committee,3 and a December 2024 lawsuit filed by the Consumer Financial Protection Bureau (CFPB) against JPMorgan Chase, Wells Fargo, Bank of America, and the fintech company that operates Zelle, Early Warning Services.4 Zelle is owned by seven U.S. banks.
Dimon: We write to request information regarding JPMorgan Chase’s most recent efforts to protect consumers from scams and fraud on peer-to-peer (P2P) payment platforms, including Zelle. Zelle is a P2P payment platform associated with significant scams and fraud, as demonstrated in a 2022 investigation by Senator Warren’s staff,1 an investigation conducted last year by the Senate Permanent Subcommittee on Investigations (PSI),2 oversight conducted by the House Financial Services Committee,3 and a December 2024 lawsuit filed by the Consumer Financial Protection Bureau (CFPB) against JPMorgan Chase, Wells Fargo, Bank of America, and the fintech company that operates Zelle, Early Warning Services.4 Zelle is owned by seven U.S. banks.
Policing & prisonsConfirmedYou decide
NEW YORK - JPMorgan Chase & Co — prisons and detention centers
NEW YORK - JPMorgan Chase & Co has decided to stop financing private operators of prisons and detention centers, which have become targets of protests over Trump administration immigration policies.
NEW YORK - JPMorgan Chase & Co has decided to stop financing private operators of prisons and detention centers, which have become targets of protests over Trump administration immigration policies.
Corporate conductSettlementAgainst
JPMorgan Chase & Co settlement over financial law
The Securities and Exchange Commission today announced that JPMorgan Chase & Co. has agreed to pay more than $130 million to settle SEC charges that it won business from clients and corruptly influenced government officials in the Asia-Pacific region by giving jobs and internships to their relatives and friends in violation of the Foreign Corrupt Practices Act (FCPA).
The Securities and Exchange Commission today announced that JPMorgan Chase & Co. has agreed to pay more than $130 million to settle SEC charges that it won business from clients and corruptly influenced government officials in the Asia-Pacific region by giving jobs and internships to their relatives and friends in violation of the Foreign Corrupt Practices Act (FCPA).
Corporate conductRulingAgainst
JPMorgan Chase & Co. faces ruling over tax obligations
The final decision involving JPMorgan Chase & Co. concerns tax obligations.
On February 12, 2015, the Commission issued an Order Approving Plan of Distribution and simultaneously posted the approved Plan.3 The Plan provides for a distribution of a $200,000,000 civil money penalty paid by JPMorgan Chase & Co. (“JPMorgan”), plus interest, less any amounts expended on tax obligations, to investors, according to the methodology set forth in the Plan (the “Fair Fund”), who were harmed when JPMorgan made misstatements in its public filings regarding the true amount of its losses in the first quarter of 2012 from positions held in the JPMorgan Chief Investment Office’s Synthetic Credit Portfolio and the effectiveness of its disclosure controls and procedures.
Corporate conductSettlementAgainst
JPMorgan Chase & Co settlement over financial law
On September 19, 2013, the Commission instituted and simultaneously settled proceedings against JPMorgan Chase & Co.
(JPMIM) – both affiliates of JPMorgan Chase & Co. (JP Morgan) – in five separate enforcement actions for failures including misleading disclosures to investors, breach of fiduciary duty, prohibited joint transactions and principal trades, and failures to make recommendations in the best interest of customers.
Corporate conductOfficial statementAgainst
Statement on JPMorgan Chase & Co and bank
Jamie Dimon Chairman & Chief Executive Officer JPMorgan Chase & Co. 270 Park Avenue New York, NY 10017 Dear Mr. Dimon: I am writing to request information regarding JPMorgan Chase & Co’s (“JPMorgan”) extended business relationship with Jeffrey Epstein and your knowledge of the bank’s activities.
Jamie Dimon Chairman & Chief Executive Officer JPMorgan Chase & Co. 270 Park Avenue New York, NY 10017 Dear Mr. Dimon: I am writing to request information regarding JPMorgan Chase & Co’s (“JPMorgan”) extended business relationship with Jeffrey Epstein and your knowledge of the bank’s activities.
Jamie Dimon Chairman & Chief Executive Officer JPMorgan Chase & Co. 270 Park Avenue New York, NY 10017 Dear Mr. Dimon: I am writing to request information regarding JPMorgan Chase & Co’s (“JPMorgan”) extended business relationship with Jeffrey Epstein and your knowledge of the bank’s activities.
Plaintiffs in two lawsuits accusing JPMorgan Chase & Co. of facilitating Jeffrey Epstein’s sex trafficking are asking for court orders requiring Chief Executive Officer Jamie Dimon to turn over additional documents.
JPMorgan Chase & Co.’s Jamie Dimon never met or emailed the late sex offender Jeffrey Epstein, according to the bank’s response to a lawmaker’s questions about how much the CEO knew about Epstein and his alleged illegal activities.
Corporate conductRulingAgainst
JPMORGAN CHASE & CO. faces ruling over financial law
The final decision involving JPMORGAN CHASE & CO. concerns financial law.
S.D. Ohio), for distribution on a pro rata basis solely to the injured investors in asset-backed notes issued by NPF VI and NPF XII; and (C) submitted under cover letter that identifies JPMorgan Chase & Co. as a Respondent in these proceedings, the file number of these proceedings, a copy of which cover letter and money order or check shall be sent to Jane E.
Pursuant to Section 8A of the Securities Act, Respondent JPMorgan Chase & Co. cease and desist from committing or causing any violations and any future violations of Section 17(a)(3) of the Securities Act. B. IT IS FURTHER ORDERED THAT Respondent shall, within 10 days of the entry of this Order, pay disgorgement of $1,286,808.82 and prejudgment interest of $711,335.76. If timely payment is not made, additional interest shall accrue pursuant to SEC Rule of Practice 600. Payment shall be: (A) made by wire transfer, United States postal money order, certified check, bank cashier’s check or bank money order; (B) made payable to U.S. Bank, as paying agent for the trustee of the post-confirmation trusts (“bankruptcy trustee”) created in In re National Century Financial Enterprises, Inc., Case No. 02-65235 (Bankr.
UNITED STATES OF AMERICA Before the SECURITIES AND EXCHANGE COMMISSION SECURITIES ACT OF 1933 Release No. 8906 / March 27, 2008 ADMINISTRATIVE PROCEEDING File No. 3-13000 : ORDER INSTITUTING CEASE-AND-In the Matter of : DESIST PROCEEDINGS PURSUANT : TO SECTION 8A OF THE JPMORGAN CHASE & CO., : SECURITIES ACT OF 1933, MAKING Respondent.
In view of the foregoing, the Commission deems it appropriate to impose the sanctions agreed to in Respondent JPMorgan Chase & Co.’s Offer.
The Securities and Exchange Commission (“Commission”) deems it appropriate that cease-and-desist proceedings be, and hereby are, instituted pursuant to Section 21C of the Securities Exchange Act of 1934 (“Exchange Act”), against JPMorgan Chase & Co. (“JPMorgan” or “Respondent”). II. In anticipation of the institution of these proceedings, JPMorgan has submitted an Offer of Settlement (the “Offer”) which the Commission has determined to accept.