Defendant Name: J.P. Morgan Securities LLC

Defendant Type: Subsidiary of Public Company

Document Reference: court_doc152_03-cv-02939

Document Details

Legal Case Name SEC v. J.P. Morgan Securities Inc.
Document Name Notice Regarding Defendants' Rule 60(b) Motion to Modify Addendum A of Global Research Settlement
Document Date 05-Dec-2025
Document Format Civil Proceeding
Case Number 03-cv-02939
Federal District Court New York, Southern District of New York
Allegation Type Investment Advisers/Investment Companies
Document Summary The SEC stated: "[T]he Securities and Exchange Commission (SEC) consents to the relief sought by the motions and agrees that the final judgments should be modified as reflected in the proposed orders submitted by each respective Defendant. . . . Based on these unique facts and circumstances, the SEC believes modification of the Judgment is in the public interest."

Disgorgement & Penalty Information

Resolutions
The SEC stated: "[T]he Securities and Exchange Commission (SEC) consents to the relief sought by the motions and agrees that the final judgments should be modified as reflected in the proposed orders submitted by each respective Defendant. . . . Based on these unique facts and circumstances, the SEC believes modification of the Judgment is in the public interest."

Related Documents:

comp18114 28-Apr-2003 Complaint
Complaint
According to the SEC: "Defendant engaged in acts and practices that created and/or maintained inappropriate influence by investment banking over research analysts, thereby creating conflicts of interest for its research analysts. Defendant failed to manage these conflicts in an adequate manner. During the relevant period, Defendant encouraged its research analysts to participate in investment banking activities, and used this participation as a factor to evaluate analysts and determine their compensation. The Research Department of Defendant coordinated the decision to initiate and maintain research coverage on certain companies with Defendant's Investment Banking Department, and coverage decisions were influenced by investment banking interests."
LR-18114 28-Apr-2003 Litigation Release
SEC Sues J.P. Morgan for Research Analyst Conflicts of Interest; Firm to Settle with SEC, NASD, NYSE, NY Attorney General, and State Regulators
judg18114 28-Apr-2003 Court Docket Document
Final Judgment as to Defendant J.P. Morgan Securities Inc.
LR-21457 19-Mar-2010 Litigation Release
Court Approves Modifications to Global Research Analyst Settlement
On March 19, 2010, the SEC published a litigation release announcing that the Honorable William H. Pauley issued an order approving modifications to the final judgments entered against J.P. Morgan Securities Inc. and the other firms covered by the Global Research Analyst Settlement.
LR-26434_03-cv-02939 05-Dec-2025 Litigation Release
Global Research Analyst Settlement; SEC Consents to Termination of Undertakings in Global Research Analyst Settlement
On December 5, 2025, the SEC stated that: "[It] consented to modifications to the October 2003 . . . and September 2004 . . . final judgments against settling firms still covered by the Global Research Analyst Settlement, a global settlement of SEC and other enforcement actions against twelve investment banks and two individuals. The modifications are subject to court approval."