Trump Sues Jamie Dimon, JPMorgan For $5 Billion Over 'Political' Debanking - JPMorgan Chase (NYSE:JPM)
President Donald Trump filed a lawsuit Thursday against JPMorgan Chase & Co. (NYSE:JPM) and its CEO Jamie Dimon, alleging the bank “debanked” him and related entities for political reasons in early 2021. • JPMorgan Chase stock is trading near recent highs. What’s the outlook for JPM shares?Legal Action in FloridaThe lawsuit, seeking at least $5 billion in civil damages, was filed in state court in Miami-Dade County, Florida. The complaint centers on the closure of accounts held by Trump and his affiliates f ...