Tricolor Noteholders Sue JPMorgan, Barclays and Fifth Third

Tricolor noteholders have filed a lawsuit against JPMorgan Chase & Co., Barclays Plc, and Fifth Third Bancorp, alleging the banks facilitated a fraud at the now-bankrupt used-car dealer and lender. The lawsuit, filed by investment firms including One William Street Capital Management and Janus Henderson Group Plc, claims the plaintiffs collectively hold over $230 million in Tricolor notes.

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