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(AFX UK Focus) 2009-11-13 22:25 UPDATE 1-Alabama county sues JP Morgan over sewer bond debtBIRMINGHAM, Ala., Nov 13 (Reuters) - Alabama's Jefferson County sued JPMorgan Securities and JPMorgan Chase and Co on Friday, alleging fraud related to the accumulation of its massive sewer bond debt, a senior county official said. The county sued for compensatory and punitive damages over what it says were fraudulent transactions tied to interest rate and bond swaps earlier this decade as it ...
2009-11-13 - Interactive Investor