Monday, June 12, 2023

"JPMorgan settles with Epstein victim after her lawyers pushed for new Dimon deposition" (JPM)

From CNBC, June 12:

  •     JPMorgan Chase said it has reached a settlement with one of late sexual predator Jeffrey Epstein’s victims, who had been suing the bank in federal court.
  •     The bank’s litigation with the U.S. Virgin Islands in the Epstein matter remains, however. Its claims against former executive Jes Staley, who was friends with Epstein, are also active.
  •     Last week, lawyers for the Epstein victim, called Jane Doe 1 in documents, asked the court to reopen JPMorgan CEO Jamie Dimon’s deposition.

JPMorgan Chase said Monday it has reached a settlement with one of late sexual predator Jeffrey Epstein’s victims, who had been suing the bank in federal court.

The bank’s litigation with the U.S. Virgin Islands in the Epstein matter remains, however. Its claims against former executive Jes Staley, who was friends with Epstein, are also active, the bank said.

The announcement didn’t disclose the terms of the settlement. Last month, Deutsche Bank, where Epstein was became a after he left JPMorgan in 2013, settled with Epstein victims for $75 million....

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