JPMorgan Chase (JPM) said the Justice Department concluded the firm broke federal laws while handling mortgage-backed securities.

The Justice Department's civil division notified the bank in May of its preliminary finding after examining securities tied to subprime and Alt-A loans, the New York-based lender said today in a regulatory filing. The instruments were sold in 2005 through 2007, the firm said.

The U.S. Attorney's Office in California has also been conducting a parallel criminal inquiry, the filing shows.

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