REPORT: JP Morgan's $13 Billion Deal With The Justice Department Is At Risk Of Collapse; Shares Down

The Wall Street Journal is reporting JP Morgan's $13 billion deal with the Justice Department is at risk of collapsing.

Shares were down as much as -0.70%.

Early reports of the settlement focused on settling issues related to allegedly faulty mortgage backed securities issued by Bear Stearns and Washington Mutual, which JPM purchased at the height of the financial crisis.

But there had also been disagreements about how Justice would move forward on an ongoing criminal investigation into a JP Morgan mortgage unit in California.

Here's the chart:

More to come...