JPMorgan shareholders urged to reject three directors
NEW YORK (Reuters) – JPMorgan Chase & Co shareholders should vote against the re-election of three board members because they failed to properly oversee risk-taking that led to $6. 2 billion of losses on the so-called "London Whale" trades, an influential proxy advisory firm said. ISS Proxy Advisory Services said in a report released late Friday that directors David Cote, James Crown and Ellen Flutter should not be re-elected at the company’s annual meeting this month because of "material failures of stewardship and risk oversight. . . .
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