NEW YORK, Jan 2 (Reuters) - J.P. Morgan Chase & Co. Inc.(JPM)shares, including its preferred stock, were halted ahead of the release of news on Thursday, but the No. 2 U.S. banking company declined to comment on the reason.
The halt in trading came as a jury was scheduled to weigh whether a group of insurers owed the bank nearly $1 billion to cover losses from complex financings deals arranged with bankrupt energy trader Enron Corp.(ENRNQ).
The bank's common shares last traded at $23.66.