Shiftless2
Well-known member
I'm actually surprised that we've never had a separate thread re Epstein but, since we don't, I didn't want this to get lost elsewhere
JPMorgan Chase has agreed to pay $290 million to settle a class action lawsuit brought by victims of Jeffrey Epstein's sex trafficking scheme, the accusers' lawyer said Monday.
The original complaint against JPMorgan accused the big US bank of providing financial services that enabled Epstein's abuse, while ignoring red flags in order to profit off of a wealthy client.
JPMorgan has said Epstein himself is to blame for the atrocities, while arguing that it cut him off when the bank became aware of wrongdoing.
The two sides disclosed the settlement early Monday, saying the agreement "is in the best interests of all parties, especially the survivors who were the victims of Epstein's terrible abuse."
Plaintiffs attorney David Boies later disclosed the $290 million figure through a spokeswoman.
The agreement, which is subject to court approval, comes on the heels of a parallel Deutsche Bank settlement announced in May in which the European institution agreed to pay $75 million to settle litigation brought by the victim.
The suits have forced Wall Street banks to reckon with ....
news.yahoo.com
JPMorgan Chase has agreed to pay $290 million to settle a class action lawsuit brought by victims of Jeffrey Epstein's sex trafficking scheme, the accusers' lawyer said Monday. The original complaint against JPMorgan accused the big US bank of providing financial services that enabled Epstein's abuse, while ignoring red flags in order to profit off of a wealthy client.
JPMorgan Chase to pay $290 mn to settle with Epstein's victims
John BiersJPMorgan Chase has agreed to pay $290 million to settle a class action lawsuit brought by victims of Jeffrey Epstein's sex trafficking scheme, the accusers' lawyer said Monday.
The original complaint against JPMorgan accused the big US bank of providing financial services that enabled Epstein's abuse, while ignoring red flags in order to profit off of a wealthy client.
JPMorgan has said Epstein himself is to blame for the atrocities, while arguing that it cut him off when the bank became aware of wrongdoing.
The two sides disclosed the settlement early Monday, saying the agreement "is in the best interests of all parties, especially the survivors who were the victims of Epstein's terrible abuse."
Plaintiffs attorney David Boies later disclosed the $290 million figure through a spokeswoman.
The agreement, which is subject to court approval, comes on the heels of a parallel Deutsche Bank settlement announced in May in which the European institution agreed to pay $75 million to settle litigation brought by the victim.
The suits have forced Wall Street banks to reckon with ....
JPMorgan Chase to pay $290 mn to settle with Epstein's victims
JPMorgan Chase has agreed to pay $290 million to settle a class action lawsuit brought by victims of Jeffrey Epstein's sex trafficking scheme, the accusers' lawyer said Monday.The agreement, which is subject to court approval, comes on the heels of a parallel Deutsche Bank settlement announced...