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News Watch
- 4/30/2009 1:05:15 PM
By Chip Brian, SmarTrend Analytics Team
JP Morgan (NYSE:JPM) is being by a former executive, Patrik Edspar, for $2.3 million because of an unpaid bonus. Edspar, who left JP Morgan to work for Citadel Investment Group LLC last year, said that JP Morgan refused to pay the deferred bonus. According to the lawsuit filed in London this month, JP Morgan first halved the bonus, then refused to pay it all together.
Contact Chip Brian
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