trading loss http://wamc.org en Shareholders Sue JPMorgan over $2B Trading Loss http://wamc.org/post/shareholders-sue-jpmorgan-over-2b-trading-loss <p>Shareholders of JPMorgan Chase &amp; Co. have filed two lawsuits against the nation&#39;s biggest bank, accusing it and its leaders of taking excessive risk and causing a monumental $2 billion trading loss. WAMC&rsquo;s Dave Lucas reports&hellip;</p><p>The company disclosed the loss last week, saying it resulted from a failed hedging strategy.</p><p>The lawsuits filed on Wednesday in New York claim JPMorgan changed its risk model without telling investors. They say the shift led to the losses and claim company leaders misled investors.</p> Thu, 17 May 2012 11:41:56 +0000 Dave Lucas 39175 at http://wamc.org Shareholders Sue JPMorgan over $2B Trading Loss