Alabama's Jefferson County sues JP Morgan
BIRMINGHAM, Ala. |
BIRMINGHAM, Ala. Nov 13 (Reuters) - Alabama's Jefferson County sued J.P. Morgan Securities and J.P. Morgan Chase (JPM.N) over alleged fraud related to the accumulation of its massive sewer bond debt, a senior county official said on Friday.
The county said it would also sue two former officials from JP Morgan, former Birmingham Mayor Larry Langford, lobbyist Al LaPierre and investment banker William Blount, according to Charles Wagner, assistant county attorney. (Reporting by Peggy Gargis, writing by Matthew Bigg, editing by Jim Loney and Dan Grebler)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints



Follow Reuters