A securities industry arbitration panel has ruled against funnymen Larry David and Will Farrell in connection with an investment banking case with JPMorgan Chase. In a complaint filed by the pair along with Ferrell’s wife Viveca Paulin and his manager Matt Lichtenberg, the foursome claimed that the banking giant made investments worth $18 million which were unsuitable and unauthorized.
According to a report by Wall Street Journal, the panel dismissed the case and ruled in favour of the banking firm and ordered the prosecutors to pay $600,000 in costs to JPMorgan in addition to a fine of $22,500.