By Andrew Tangel and Alejandro Lazo, Los Angeles Times
May 9, 2013, 6:23 p.m.
In a lawsuit that echoes the worst abuses of the foreclosure crisis, the state's top law enforcement official is suing the nation's largest bank, accusing it of using aggressive and illegal tactics to collect credit card debt from thousands of California consumers.
Atty. Gen. Kamala D. Harris on Thursday accused JPMorgan Chase & Co. of operating a "debt collection mill" that flooded courts with more than 100,000 lawsuits to obtain speedy judgments before consumers could fight back. Much as banks did during the housing crisis, JPMorgan used so-called robo-signing to churn out documents without reviewing them, Harris said.