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Read More »TD Bank, JPMorgan to Pay Millions in Enron 'MegaClaims' Settlement
TORONTO – Two banks agreed on Tuesday to pay at least $420 million to settle their parts of the “Megaclaims” lawsuit filed by Enron (search) against 10 banks, alleging they “aided and abetted fraud” and could have prevented the energy trader’s collapse. JPMorgan Chase & Co. (search) agreed to pay …
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