Flickr user SEIU International
First reporting, updates at the bottom: John Rowles of the United States Marine Corps announced on behalf of the military last week that they had settled a prospect lawsuit against J.P. Morgan for $56 million dollars.
Rowles, who would later call the settlement "phenomenal," blew the whistle on J.P Morgan's continued violations of a federal law that was designed to ease the financial pressure on active-duty military personnel.
Update November 4: Thanks to a large turnout of those threatened with or subject to foreclosure while deployed the settlement could be larger than $56 million.
Expect a final number after a settlement hearing on the 15th.
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