JPMorgan Chase & Co. will pay $150 million to settle alawsuit claiming losses from the bank's securities lending program,according to court papers.

The suit was filed by three union pension funds, whichrepresented a class of all investors in a group of structured debtsecurities. The settlement was announced last month. The partiesdisclosed the terms of the agreement in a filing in Manhattanfederal court March 16.

The funds claim they lost money that New York-based JPMorganinvested for them in medium-term notes issued by Sigma FinanceCorp., a structured investment vehicle that collapsed in 2008.

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