JPMorgan Settles Suit With Victims Of Jeffrey Epstein

The New York Times reports:

JPMorgan Chase on Monday reached a tentative settlement with sexual abuse victims of Jeffrey Epstein, the deceased financier, after weeks of embarrassing disclosures about the bank’s longstanding relationship with him, said the bank and lawyers for the victims.

The proposed deal would settle a lawsuit filed last November in Manhattan federal court by an unidentified woman on behalf of victims who were sexually abused by Mr. Epstein over a roughly 15-year period when they were teenage girls and young women, the suit said.

The number of victims could potentially rise to more than 100. The statement did not disclose a settlement amount. The lawsuit filed by the victims charged that JPMorgan ignored repeated warnings that Mr. Epstein had been trafficking teenage girls and young women for sex, even after he registered as a sex offender.

Read the full article.

Breaking News: JPMorgan Chase agreed to a settlement with victims of Jeffrey Epstein over claims that the bank ignored warnings about him. https://t.co/pRVCkzKRyF

— The New York Times (@nytimes) June 12, 2023