Attorney General Bondi Announces $92 Million Multi-State Settlement with JPMorgan Chase & Co. over Anti-competitive Scheme
TALLAHASSEE, Fla. –Today, Attorney General Pam Bondi announced that
Florida, along with 24 other Attorneys General, has reached a $92 million
settlement with JPMorgan Chase & Co. for its alleged role in a nationwide
scheme to rig bids and engage in other anti-competitive, fraudulent conduct
relating to municipal bond derivatives. Florida’s portion of the settlement
is undetermined at this time. The victims of the alleged conduct included
state agencies, local governments and not-for-profit entities. The
multistate settlement is part of a coordinated settlement JPMorgan Chase &
Co. is entering into simultaneously with the United States Department of
Justice’s Antitrust Division, the Securities and Exchange Commission, and
the Office of the Comptroller of the Currency.








