JPMorgan's legal hurdles expected to multiply

JPMorgan Chase last week paid $1 billion to resolve government investigations, but further legal troubles may be on the horizon.

Federal prosecutors in California are expected to sue the bank for allegedly selling shoddy mortgage securities to investors leading up to the recession, according to the New York Times.

Federal prosecutors in Philadelphia are also investigating JPMorgan’s sale of mortgage securities.

Read more at the New York Times.