As baseless as they probably are (if you invest in a company, you take on the risk of that company losing money!), I'm guessing they'll be settled quickly for a big enough sum to make the lawsuits profitable, so that JPM doesn't have to have its perception in the public ruined further by a trial. Which is important at this time when people are clamoring for more regulation.
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Congratulations to SuperNiceDog, Guru Winner, who was smart enough to pick
your 7 time champion, Link.