JPMorgan Chase & Co. settled a lawsuit accusing it of putting its interests ahead of an historic church endowed by descendants of drug company founder Eli Lilly and mismanaging its trust accounts (Rector, Wardens and Vestrymen of Christ Church Cathedral of Indianapolis v. JPMorgan Chase & Co., S.D. Ind., 14-cv-01331, report of settlement filed 8/28/15).
Lawyers for the bank and the Christ Church Cathedral told a federal judge in the U.S. District Court for the Southern District of Indiana Indianapolis on Aug. 28 they reached an agreement, according to a court filing. Settlement details weren’t included in ...
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