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JPMorgan's Bad RMBS Sales Hurt Investors, Suit Says

By Lisa Coryell ( May 3, 2012, 7:46 PM EDT) -- JPMorgan Chase & Co. shareholders launched a derivative suit Thursday claiming current and former directors' sale of toxic residential mortgage-backed securities to Fannie Mae and Freddie Mac incurred the wrath of federal agencies and exposed the company to hundreds of millions of dollars in civil liabilities....

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