
The California Attorney General announced a settlement with J.P. Morgan Chase & Co. Over what were said to be its misrepresentations in residential mortgage-backed securities sold to California's public employee and teacher pension funds, calpers and calstrs, between 2004 and 2008. This was part of a larger $13 billion settlement involving the federal government and other states; For more info visit https://www.oag.ca.gov/news/press-releases/attorney-general-kamala-d-harris-announces-300-million-settlement-jp-morgan