JPMorgan Chase (JPM) and AMF Funds agreed to settle a lawsuit in which the funds claimed the mega bank gave faulty information involving RMBS, Bloomberg writes.

AMF Funds sued JPMorgan in New York State Supreme Court in Manhattan in February 2012, accusing the bank of making “material representations and omissions” on underwriting standards used to make mortgage loans pooled into $515.6 million of securities purchased from May 2003 to May 2007.