Assured Guaranty has filed suit against JPMorgan Chase Bank with regards to the sale of MBS by Bear Stearns. JPMorgan acquired Bear Stearns in 2008.

In July 2010, Assured sued the branch of Bear Stearns — EMC Mortgage — that had issued the securities. The current suit revises the case by adding JPMorgan as a defendant and including references to claims by more than 35 witnesses.

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