Wall St. Muni Bid-Rigging Conspiracy Involved At Least 12 Firms Including JPMorgan, Lehman, According To New Suit

JPMorgan, Lehman, UBS Named In Muni Bid-Rigging Conspiracy

JPMorgan Chase & Co., Lehman Brothers Holdings Inc. and UBS AG were among more than a dozen Wall Street firms involved in a conspiracy to pay below-market interest rates to U.S. state and local governments on investments, according to documents filed in a U.S. Justice Department criminal antitrust case.

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