J.P. Morgan Chase & Co. (NYSE: JPM) has suffered $2 billion or more in trading losses, according to breaking news reports.  A May 11, 2012 Wall Street Journal article indicates the “losses stemmed from wagers gone wrong in the bank's Chief Investment Office” and involved losses in derivative positions.  Following this revelation, J.P. Morgan shares fell dramatically in value.

In a conference call on May 10, 2012, J.P. Morgan’s chief executive stated the trading strategy leading to the losses was “flawed, complex, poorly reviewed, poorly executed and poorly monitored” and characterized the mistake as “egregious” and “self-inflicted.”  Other observers stated that what “really hurt” was “the hit to the bank’s ‘reputational premium.’”  The New York Times further revealed that United States and British regulators had been in discussions with J.P. Morgan for almost a month about the trading group suffering the losses. 

The law firm of Finkelstein Thompson LLP is investigating claims on behalf of J.P Morgan shareholders regarding the trading strategy and resulting losses.  If you are interested in discussing your rights as a J.P. Morgan shareholder, or have information relating to this investigation, please contact Finkelstein Thompson's Washington, DC offices at (877) 337-1050 or by email at  This email address is being protected from spam bots, you need Javascript enabled to view it .