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The post RWRDS Daily Update – July 31, 2024: The Ultimate Cash Back Credit Card Portfolio appear.... More »
CIBC AC Conversion Visa Review - Load up to 10 currencies and earn 1% cash back until October 31 + MORE Aug 26th
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How to Stop Spending Money: 10 Ways to Resist Overspending + MORE Apr 24th
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A BC Hydro subsidiary accused of manipulating energy prices during the California energy crisis more than 12 years ago will pay $273 million US in cash and offer the state electric utilities a credit worth $477 million in a settlement, the company announced this morning.Consumers win as TD, CIBC fight for Aeroplan
– thestar.com
With the Aeroplan loyalty program up for grabs it’s a good time to take a look at which travel reward plan is best for you.JPMorgan Chase may pay $23 million to settle lawsuit over investment in Lehman Bros.
– canadianbusiness.com
JPMorgan Chase & Co. has agreed to pay $23 million to settle claims that it mishandled pension fund money by investing with Lehman Brothers.
A court document filed Friday shows that the bank denies any wrongdoing but agreed to settle the lawsuit to avoid the burden and expense of litigation. A U.S. District Court must approve the settlement before it is final.
The lawsuit was filed by the Operating Engineers Pension Trust in 2009. They claim JPMorgan handled its funds recklessly by investing in notes issued by failed investment firm Lehman Brothers Holdings Inc.
Lehman’s bankruptcy filing in September 2008 helped spark a credit crisis that plunged the nation into the recession.
A representative for JPMorgan and the plaintiffs did not respond to a request for comment.
The post JPMorgan Chase may pay $23 million to settle lawsuit over investment in Lehman Bros. appeared first on Canadian Business.
A court document filed Friday shows that the bank denies any wrongdoing but agreed to settle the lawsuit to avoid the burden and expense of litigation. A U.S. District Court must approve the settlement before it is final.
The lawsuit was filed by the Operating Engineers Pension Trust in 2009. They claim JPMorgan handled its funds recklessly by investing in notes issued by failed investment firm Lehman Brothers Holdings Inc.
Lehman’s bankruptcy filing in September 2008 helped spark a credit crisis that plunged the nation into the recession.
A representative for JPMorgan and the plaintiffs did not respond to a request for comment.
The post JPMorgan Chase may pay $23 million to settle lawsuit over investment in Lehman Bros. appeared first on Canadian Business.
