(English) JPMorgan Chase & Co.
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(English) SHAREHOLDER ALERT: Zhang Investor Law Announces a Securities Class Action Lawsuit Against JPMorgan Chase & Co. – JPM
New York, N.Y., November 5, 2020. Zhang Investor Law announces the filing of a class action lawsuit on behalf of shareholders who bought shares of JPMorgan Chase & Co. between February 23, 2016 and September 23, 2020, inclusive (the “Class Period”).
To join the JPM class action, go to http://zhanginvestorlaw.com/cases/jpmorgan-chase-co/ call Sophie Zhang, Esq. toll-free at 800-991-3756 or email email@example.com for information on the class action.
Lead plaintiff status is not required to seek compensation. You may retain counsel of your choice. You may remain an absent class member and take no action at this time.
According to the lawsuit, throughout the Class Period (1) traders at JPMorgan, 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; (2) JPMorgan had insufficient controls and compliance protocols to enable it to identify and stop the misconduct; (3) JPMorgan’s earnings in the physical commodity market were, at least in part, ill-gotten; (4) such conduct would result in enhanced regulatory scrutiny; (5) JPMorgan provided misleading information to CFTC investigators at early stages of the investigation into the misconduct; (6) resolution of the governmental investigation into JPMorgan would result in a record-breaking $920 million fine; and (7) as a result, defendants’ statements about JPMorgan’s business, operations, and prospects, were materially false and misleading and/or lacked a reasonable basis at all relevant times. When the true details entered the market, the lawsuit claims that investors suffered damages.
A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than December 23, 2020. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://zhanginvestorlaw.com/cases/jpmorgan-chase-co/ or to discuss your rights or interests regarding this class action, please contact Sophie Zhang, Esq. of Zhang Investor Law toll free at 800-991-3756 or via e-mail at firstname.lastname@example.org.
Zhang Investor Law represents investors worldwide.