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JPMorgan, Bear Stearns' $18M Class Settlement Approved

By Daniel Siegal ( February 3, 2014, 9:44 PM EST) -- JPMorgan Chase & Co. and other banking defendants, including now-defunct Bear Stearns Cos. , received final approval from a California federal judge Monday for an $18 million settlement of a class action alleging Bear Stearns used misleading loan documents to dupe homeowners into purchasing adjustable-rate mortgages. . . .

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