$124M To Be Returned To Calif. Rate Payers In JPMorgan Chase SettlementJPMorgan Chase & Co. agreed to pay $410 million on Tuesday to settle accusations by U.S. energy regulators that it manipulated electricity prices.
Chase Targeted In Probe Into Alleged Energy Market ManipulationOne of the nation's biggest banks is denying allegations of possible energy market manipulation in Southern California and throughout the state.