Historic Indianapolis church files lawsuit, claims investments mismanaged
INDIANAPOLIS, Ind. – Christ Church Cathedral on Monument Circle filed a lawsuit in federal court on Wednesday against mega-banker JP Morgan Chase. They claim the trust money left to them by Eli Lilly was badly mismanaged by their next-door neighbors.
JPMorgan accused of losing $13m in poor investments for church
Church accuses JPMorgan of mismanagement, self-dealing
Lawsuit Alleges JPMorgan Mismanaged Church Trust, Boosted Fees