JPMorgan Chase sued for charging 'sky-high' fees for crypto purchases

JPMorgan Chase & Co. signage is displayed outside the company's Park Avenue office building in New York on Oct. 7 2016

$425,399 worth of JPMorgan Chase & Co. Legal & General Group Plc now owns 18,083,319 shares of the financial services provider's stock worth $1,727,118,000 after acquiring an additional 313,968 shares in the last quarter. Stockholders of record on Friday, April 6th will be paid a dividend of $0.56 per share. The Financial stock showed a change of -0.93% from opening and finally closed at $110.62 by scoring -1.68%. $1.84M worth of JPMorgan Chase & Co.

In related news, CEO Mary E. Erdoes sold 65,101 shares of the firm's stock in a transaction that occurred on Tuesday, January 16th. Fort Pitt Capital Group LLC grew its stake in shares of JPMorgan Chase by 0.4% during the 2nd quarter. FDx Advisors Inc. now owns 136,089 shares of the financial services provider's stock worth $12,998,000 after purchasing an additional 13,827 shares during the period. First Commonwealth Financial Corp PA raised its position in shares of Facebook by 0.5% in the second quarter. Ferguson Wellman Cap Mngmt has 1.7% invested in JPMorgan Chase & Co. (NYSE:JPM). Iat Reinsurance Ltd has invested 0.21% of its portfolio in JPMorgan Chase & Co. The situation, however, just got a little worse for the billionaire investment banker after JPMorgan Chase and Co had been slapped with a lawsuit on the exorbitant interest rates it allegedly charged a client who purchased cryptocurrency in Idaho. The company has a market capitalization of $311.29 billion, a price-to-earnings ratio of 14.08 and a beta of 1.49. 9,194 shares valued at $1.03 million were sold by Lake Marianne on Saturday, January 13. The financial services provider reported $1.76 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.69 by $0.07. The business had revenue of $24.15 billion for the quarter, compared to analysts' expectations of $24.87 billion. Pettyjohn Wood White Inc invested 1.72% of its portfolio in JPMorgan Chase & Co. During the same period previous year, the business earned $1.71 EPS. During the same quarter in the prior year, the company earned $1.71 EPS. equities analysts forecast that JPMorgan Chase will post 8.89 EPS for the current fiscal year. Aegis lifted their price objective on shares of Facebook from $215.00 to $220.00 and gave the stock a "buy" rating in a research report on Wednesday, January 31st. The ex-dividend date was Wednesday, January 4th. This represents a $2.24 dividend on an annualized basis and a yield of 2.02%. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.01 and a quick ratio of 1.01.

FB has been the topic of a number of other research reports.

The Magic Is Back, Yankees Red Sox Fight Fuels Rivalry
Martinez hit a grand slam and Hanley Ramirez homered for Boston . "I was ready to defend myself", Kelly said after the game. The 29-year-old made his first Opening Day roster and allowed two runs in five innings before being sent to the minors.

Teen's suffocation death in school parking lot sparks investigation into 911 response
Hamilton County Prosecutor Joseph Deters is now launching a detailed investigation into the matter and hoping to find answers. During one of his calls to 911, Kyle explained that he felt he was dying and wanted to make sure his mom knew he loved her.

One Palestinian killed, two injured in overnight air strikes in Gaza
Demonstrations at the border fence between the Palestinian enclave and Israel since late last month have lead to deadly clashes. Israel also says that Hamas glorifies death and encourages angry young men to seek "martyrdom".

When it comes to the Analysis of a Stock, Price Target plays a vital role.

The analysts, on average, are forecasting a $121.11 price target, but the individual stock is already up 35.51% from its recent lows. On Tuesday, January 16 the insider CROWN JAMES S bought $825,327. Barclays Capital maintained it with "Overweight" rating and $105 target in Friday, October 13 report. (NYSE:JPM) rating on Friday, October 13.

A total of 17 analysts rate JPMorgan Chase (NYSE:JPM) as follows: 11 "Buy", 6 "Hold" and 0 "Sell". J P Morgan Chase & Co has an average rating of "Hold" and an average target price of $77.05. Also, insider Ashley Bacon sold 16,434 shares of the company's stock in a transaction dated Tuesday, January 16th. Institutional investors own 74.50% of the company's stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The shares were sold at an average price of $83.67, for a total value of $5,510,924.55. Following the transaction, the chief executive officer now owns 479,882 shares in the company, valued at $53,866,754.50. The disclosure for this purchase can be found here. Wilkins Counsel, a Massachusetts-based fund reported 7,750 shares. California-based Partnervest Advisory Svcs Ltd Company has invested 1.21% in JPMorgan Chase & Co. "The OCC has taken a number of formal enforcement actions against national banks that have engaged in abusive practices and has required the payment of millions of dollars in restitution to customers harmed by such practices". It operates through Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking, and Asset & Wealth Management divisions.

Related:

Comments

Latest news

National park fees going up, but not as high as previously planned
Raul Grijalva, D-Ariz., the ranking member of the House Natural Resources Committee and a frequent critic of Zinke. Zinke also acknowledged that not all potential visitors would be able to afford a higher fee increase.

It Sequel Potentially Adds James McAvoy And Bill Hader
The film was a massive hit, grossing $700 million worldwide including $327 million domestically in the US. The two actors would join Jessica Chastain , who has already officially been cast in the New Line film.

Jarvis Landry Finalizing Five-Year, $75.5 Million Extension With Browns
If the reports stand true, Jarvis Landry would be the fifth-highest paid receiver along with Cincinnati Bengals standout A.J. Landry, 25, has been one of the most productive receivers around since coming into the league in 2014.

Trump Judicial Nominee Refuses to Say if Landmark Segregation Case Was Correct
Board of Education was correctly decided", Connecticut Sen. "Again, my personal, political, or religious views I would set aside". Harris then quoted President Trump's promise to appoint pro-life judges and what she thought it meant to be a "pro-life judge".

MERCURY RISING: International probe targets child sex predators
Police identified the suspect as Paul Edward Acton Bowen and said he is the founder of the Acton Bowen Outreach Ministries. Authorities are urging anyone who is aware of online child sexual abuse to call their local police.

May backed for possible UK Syria action
Britain would work with United States and France to coordinate an worldwide response, the statement said. U.S. defence secretary Jim Mattis insisted "no decision" had yet been taken on military action.

Netflix sued for allegedly rigging process to give bonuses
The stock has settled 55.28%, since the beginning of the year when measuring the initial price as compared to the finishing price. Morgens Waterfall Vintiadis And Com accumulated 22,711 shares or 3.43% of the stock. 4,084 were accumulated by Garde Capital.

World Marks Holocaust Remembrance Day
Schoen Consulting conducted the study in February, speaking to 1,350 American adults, 31 percent of whom were Millennials. Roughly 45 percent of Americans, and 49 percent of millennials, can't name a single concentration camp in general.

Trump says Syria strike is coming, but he won't say when
However, he said this would anger some, including Labour leader Jeremy Corbyn, who believes parliament should be consulted first. Trump is slated to speak with French President Emmanuel Macron and British Prime Minister Theresa May Thursday evening.

Mark Zuckerberg emerges unscathed as two-day Facebook US hearings end
Gary Peters (D-MI)."No", Zuckerberg replied, firmly. "As this was the first time Mr. Zuckerberg has come to testify before Congress, Mr.

A'ja Wilson picked first overall in 2018 WNBA Draft
Wilson won the 2017-18 Naismith Player of the Year Award, as well as the SEC Player of the Year in all four career seasons. ALL IN THE FAMILY: DeShields joined her father (Delino) and brother (Delino Jr.) as first-round draft picks.

God of War Review Roundup: Respect The Past, Embrace The Future
It's a fascinating dynamic to see slowly build, propped up by some clever environmental puzzles and (so far) exhilarating combat. In true Metroidvania style, there are many times on your adventure when paths can be opened only with tools acquired later on.

Tesla issues statement on fatal Model X collision, withdraws from NTSB agreement
The NTSB has no regulatory powers but makes safety-related recommendations to both the government and transportation companies. Disparities have emerged in a dispute between Tesla and the NTSB over the investigation of a fatal Autopilot crash in March .

Veere Di Wedding song: Sonam, Kareena and others shoot with Farah
In recent developments, according to a daily, Sonam and Anand will not be tying the knot in May but on April 29, instead. The trailer launch will not just be a digital release but the makers are also expected to host a press conference.

Reporter Hilariously Falls in Pool During a Live Shot
The team members, who are competing in the Commonwealth Games, laughed as Bushell recovered and tried to go on with the interview. The athletes all had their feet in the pool and Mike happily joined in too, with his feet dunked right in the water.

Other news