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Church alleges banker cost Lilly trust $13 million

2014-08-14 05:55:32| Biotech - Topix.net

Wednesday in federal court, alleging the investment banker's mismanagement and self-dealing led to $13 million in losses from trusts endowed by philanthropist Eli Lilly Jr. A complaint filed by Christ Church Cathedral in U.S. District Court in Indianapolis alleged JP Morgan Chase directed money from the trusts into 177 different investment ... (more)

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Category:Biotechnology and Pharmaceuticals

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