JPMorgan, Barclays, Fifth Third Win Dismissal of Tricolor Noteholder Fraud Suit
2026-06-10 21:14:55
JPMorgan Chase & Co., Barclays Plc and Fifth Third Bancorp won dismissal of a fraud lawsuit filed by holders of notes issued by Tricolor Holdings, the bankrupt subprime auto lender. In the case, according to Bloomberg, the noteholders alleged the banks committed fraud tied to the Tricolor debt.
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