JPMorgan Chase & Co. (JPM), Bank of America Corp (BAC), Wells Fargo & Co (WFC): When Will It End?

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When will it end?
Clearly, the law should hold big banks accountable for their misdeeds, and where reasonable allegations exist, lawsuits aren’t frivolous. But for bank investors, legal action after legal action makes it impossible for the industry to find closure after the financial crisis. Now that they’ve gotten their financial risks under control, banks need to do a better job with legal risk management if they want to avoid seeing their names in the headlines — and on court papers.

The article Will Big Banks Ever Stop Getting Sued? originally appeared on Fool.com.

Fool contributor Dan Caplinger owns warrants on Wells Fargo, Bank of America, and JPMorgan Chase. You can follow him on Twitter @DanCaplinger. The Motley Fool recommends Wells Fargo. The Motley Fool owns shares of Bank of America, Citigroup, JPMorgan Chase, and Wells Fargo.

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