Jamie Dimon sued by Investors and under investigation By FBI

[Mr.Akamkk]

JPMorgan Chase & Co was the target of two separate lawsuits by shareholders on Wednesday, accusing the bank and its management of excessive risk was filed derivatively by California shareholder James Baker on behalf of JPMorgan Chase against Dimon, Chief Financial Officer Douglas Braunstein and board members.
The lawsuit charged the JPMorgan defendants with breach of fiduciary duty, waste of corporate assets and unjust enrichment that led to trading losses of at least $2 billion.
It said Dimon and Braunstein made "materially false and misleading statements and omissions" on an April 13, 2012 earnings conference call with investors.
"Defendants misrepresented the losses and risk of loss to the company arising from massive bets on derivative contracts related to credit indexes reflecting interest rates on corporate bonds," the complaint said
FBI's Mueller confirms JPMorgan preliminary probe

[Mr.Akamkk]

I would say Mr. Dimon just entered "OH OH" land. Someone grab the curtain and lets have a look at the wizard.