Jeffrey Epstein's victims have formally asked a US judge to preliminarily approve JPMorgan Chase's $290 million settlement to resolve claims that the largest US bank turned a blind eye to the disgraced financier's sexual abuses
NEW YORK, June 22 - Jeffrey Epstein's victims have formally asked a U.S. judge to preliminarily approve JPMorgan Chase's
The settlement covers women who were sexually abused or trafficked by Epstein from Jan. 1, 1998, until his death on Aug. 10, 2019, in a Manhattan jail cell. It requires approval by U.S. District Judge Jed Rakoff in Manhattan.Victims led by a former ballet dancer known as Jane Doe 1 said the bank missed red flags of Epstein's abuses, and stayed in touch with him long after his official departure.this month any association with Epstein "was a mistake and we regret it".
The victims' lawyers also represented Epstein victims in a similar $75 million settlement with Deutsche BankBoth banks worked with Epstein for several years after he pleaded guilty in 2008 to soliciting a minor for prostitution, and was forced to register as a sex offender. JPMorgan also faces a lawsuit over Epstein by the U.S. Virgin Islands, where Epstein owned two neighboring islands.
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