Lawsuit targets DOJ JPMorgan agreement

Questions the validity of largest DOJ agreement ever penned

JPMorgan Chase’s landmark 2013 settlement with the Department of Justice (DOJ) is one of the largest of all time, and with a tag like that its unsurprising that it has drawn both positive and negative attention. But on February 10, the agreement was challenged for the first time, drawing into question its validity under the Constitution.

The non-profit group Better Markets has filed a lawsuit against the DOJ saying that crucial details about its deal with JPMorgan were not made public, calling into question the validity and constitutionality of the deal. The suit, which was filed in the United States District Court of the District of Columbia, alleges that the deal is invalid because it was agreed to unilaterally, without the oversight of a judiciary body.

Executive Editor

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Chris DiMarco

Chris DiMarco, Executive Editor of InsideCounsel magazine, has a background in multimedia production with previous involvement in projects in which he developed and created content...

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