NY AG sues JPMorgan over Bear Stearns securities




US Top Stories from Associated Press (AP) show

Summary: NEW YORK (AP) , The New York attorney general's office has hit JPMorgan Chase and Co. with a civil lawsuit, alleging that investment bank Bear Stearns , prior to its collapse and subsequent sale to JPMorgan in 2008 , perpetrated massive fraud in deals involving billions in residential mortgage-backed securities.