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JPMorgan Chase Increases Stake in LegalZoom.com
JPMorgan Chase & Co. has significantly increased its stake in LegalZoom.com, acquiring an additional 817,462 shares and bringing its total ownership to 2.17 million shares, or approximately 1.20% of the company. This move signals JPMorgan Chase’s confidence in LegalZoom’s business model and its potential for growth in the online legal services sector. Other institutional investors have also adjusted their positions in the company.