JP Morgan would face a claim , filed by MBIA , that the bank contained vital information that cost approximately $ 168 million that it had to make in payments to investors . A judge rejected JP bank 's attempt to dodge the fraud .
JP Morgan must face a claim, brought by MBIA, that the bank withheld vital information that cost MBIA $168m that it had to make in payments to investors. A judge rejected JP Morgan's bid to dodge the lawsuit.