JPMorgan faces debt-collection lawsuit from Calif.

California Attorney General Kamala Harris is suing JPMorgan Chase, claiming that the bank committed debt-collection abuses in filing lawsuits against tens of thousands of California residents as it sought to collect credit card debt. The lawsuits were full of inaccuracies because JPMorgan "cut corners in the name of speed, cost savings and their own convenience," she said.

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