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News & Press: UPPO Advocacy Activity

UPPO, NAUPA Raise Concerns about JPMorgan Lawsuit

Friday, October 4, 2019   (0 Comments)
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Bloomberg Tax published an article on Oct. 3 outlining potential unclaimed property issues that could result from a whistleblower case brought against JPMorgan Chase & Co., regarding the company’s unclaimed property practices. The Unclaimed Property Professionals Organization and the National Association of Unclaimed Property Administrators shared their concerns in the article about unintended consequences that could harm unclaimed property holders and state administrators, respectfully.

 

UPPO will continue to monitor and report on this lawsuit as noteworthy developments occur. 


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