JPMorgan, Barclays, Fifth Third Sued by Investors for Missing ‘Giant Red Flags’ at Tricolor
JPMorgan Chase, Barclays and Fifth Third have been sued by investors who suffered losses on securities issued by now-bankrupt subprime auto lender Tricolor, and accused the banks of missing “giant red flags” when fraudulently marketing the debt. In a complaint …
Source: Claims Journal
