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JPMorgan Chase reached settlements with the U.S. Virgin Islands (USVI) and former executive Jes Staley to resolve lawsuits over sex trafficking by the disgraced financier Jeffrey Epstein, largely ...
The agreement marks the first time a government has brought a civil action against a bank under federal anti-trafficking laws.
JPMorgan had already agreed to pay $290 million in June in a class-action lawsuit that involved victims of Epstein's trafficking crimes. Epstein died by suicide in a federal jail in 2019.
The agreement covers one of two lawsuits alleging JPMorgan ignored warnings about its longtime client and facilitated his alleged sex trafficking JPMorgan settles lawsuit with Jeffrey Epstein ...
JP Morgan said that while the settlement doesn't involve admission of liability, the bank "deeply regrets any association" with Epstein, who was arrested in 2019 on child sex trafficking charges.
A federal judge on Monday approved a $290m preliminary settlement in a lawsuit from alleged abuse victims accusing JPMorgan Chase of turning “a blind eye” to the Jeffrey Epstein sex ...
The settlement agreed to by JPMorgan this week is even larger at $290m, according to Mr Edwards. ... He asked the court to severe the lawsuit from the JPMorgan lawsuits in a letter to the court in ...
Settlement ends long-running lawsuit that alleged JPMorgan was complicit in Epstein’s sex trafficking operation