Financial Fraud Law

Recent Posts

JPMorgan’s $1.7 Billion Payment to Go to Madoff Victims
Posted on 7 Jan 2014 by Steven A. Meyerowitz

One of the very interesting aspects of the $2.05 billion settlement reached by J.P.Morgan Chase with federal prosecutors over the bank’s violation of the Bank Secrecy Act for failing to exercise proper oversight of Bernard Madoff’s business... Read More

4 Keys to JPMorgan’s Expected Madoff Deal
Posted on 7 Jan 2014 by Steven A. Meyerowitz

Here are the four key elements of JPMorgan Chase’s likely settlement with federal prosecutors over charges against the bank relating to the Bernard Madoff Ponzi scheme: The bank will pay $2 billion to settle civil charges and criminal charges... Read More

A Pretty Good Couple of Days for Madoff Victims, Courtesy of JPMorgan
Posted on 8 Jan 2014 by Steven A. Meyerowitz

It has been a pretty good couple of days for Madoff victims. J.P.Morgan Chase reached a $2.05 billion settlement with federal prosecutors over its failure to properly exercise oversight of Bernard Madoff and his operations; $1.7 billion of that is... Read More

Whistleblower to Receive $63.9 Million in JPMorgan Mortgage Loan Case
Posted on 10 Mar 2014 by Steven A. Meyerowitz

As readers of the Financial Fraud Law Report and the Financial Fraud Law Blog certainly recall, JPMorgan Chase settled a couple of big, big Madoff-related cases some weeks ago, reaching a $2.05 billion settlement with federal prosecutors over its failure... Read More

Do We Need a ‘Truth in Settlements Act’? Two Senators Say Yes
Posted on 9 Jan 2014 by Steven A. Meyerowitz

On the heels of J.P.Morgan Chase’s $2.05 billion settlement with federal prosecutors over its oversight of Bernard Madoff’s operations , U.S. Senators Elizabeth Warren (D-MA) and Tom Coburn (R-OK) have introduced bipartisan legislation, the... Read More