Mississippi AG files lawsuit against JPMorgan alleging misconduct

The bank allegedly attempted to collect on balances that either did not exist or had already been paid in full

JPMorgan Chase may have settled some of its financial crisis indiscretions with a $13 billion settlement, but a new Mississippi lawsuit says the company is still conducting shady dealings, this time with late-paying customers.

Mississippi Attorney General Jim Hood filed a lawsuit in federal court on Dec. 18, claiming that JPMorgan committed misconduct when it sued credit card customers in order to collect funds. The lawsuit comes after an 18-month investigation by the AG’s office as well as several conversations with the company.

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Zach Warren

Zach Warren is Assistant Editor of InsideCounsel magazine, where he oversees online content submissions and administers InsideCounsel's enewsletters. Zach specializes in new media and multimedia...

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