JPMorgan Agrees to Settle With Jeffrey Epstein Victims

Contact Your Elected Officials
The Epoch Times Header

JPMorgan Chase has reached a settlement with women who say they were abused by Jeffrey Epstein, the bank and the women said on June 12.

The parties said in a joint statement that they’ve notified a federal court in New York that they’ve “reached an agreement in principle” to settle a lawsuit filed in 2022 by women who accused the bank of facilitating Epstein’s sex trafficking operation.

The settlement is subject to approval by U.S. District Judge Jed Rakoff, the Clinton appointee overseeing the case.

“We all now understand that Epstein’s behavior was monstrous, and we believe this settlement is in the best interest of all parties, especially the survivors, who suffered unimaginable abuse at the hands of this man,” a spokeswoman for JPMorgan Chase told The Epoch Times via email.

“Any association with him was a mistake and we regret it. We would never have continued to do business with him if we believed he was using our bank in any way to help commit heinous crimes.”

David Boies, a lawyer representing the women, told The Epoch Times in an email: “While the road to justice for the survivors of Jeffrey Epstein’s sex trafficking ring has been too long, and we are not yet at its end, the historic recovery from JPMorgan, individually and in combination with our earlier recovery from Deutsche Bank, is another important step in achieving the vindication, recognition, and compensation they deserve.”

The specifics of the agreement weren’t disclosed.

“JPMorgan has requested that we not reveal the actual amount of the settlement (which is large), and for the moment, we are honoring that request,” Boies said.

Deutsche Bank, which was sued by the same women, in May agreed to pay $75 million to settle the related suit against it.

Rakoff had ruled this year that the banks could be liable for Epstein’s sex trafficking.

“Plaintiffs have pled sufficient facts to support their allegations that JP Morgan had … knowledge of Jeffrey Epstein’s sex-trafficking venture, either directly or by recklessly disregarding what was plainly to be seen,” Rakoff said.

He also said the plaintiffs had presented facts to support allegations that “Deutsche Bank knew or recklessly disregarded that Jeffrey Epstein ran a sex-trafficking venture.”

By Zachary Stieber

Read Full Article on TheEpochTimes.com

The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Government Shutdown, Health Care, Tax Breaks=Perfect Storm

The shutdown over cuts to health subsidies for the poor stems from Trump’s OBBB plan, which critics say funneled trillions to the wealthy.

3I/Atlas Comet or UFO Arrives Tomorrow!

The 3I/Atlas object is hurtling toward our solar system on a strange path and composition, set to pass behind the sun, obscuring visual and radio tracking.

‘I’d Be Finished’: Vaccine Researcher Trashes Own Study to Save Career

Most doctors comply with the system, following orders to keep their jobs, income, and prestige, even if it means setting aside independent judgment.

Kamala, Please Run Again

Kamala Harris hinted she wants to run for President in 2028, despite poor poll numbers and her loss in 2024. If she runs, the big winners will be the GOP.

Rosie O’Donnell vs. Her Therapist

Rosie O’Donnell's therapist attempted to artfully introduce to her client to the possibility that Rosie's outrage might be performative. It didn’t take.

Federal Judge Extends Order Blocking Firings During Shutdown

A federal judge on Oct. 28 indefinitely blocked the Trump administration from firing federal employees during the ongoing federal government shutdown.

Los Angeles Dethrones Chicago as ‘Rattiest’ US City

Los Angeles has dethroned Chicago as the “rattiest” U.S. city after more than a decade, becoming the new top haven for rodents.

Prediction of Climate Catastrophe Loses Some of Its Strongest Advocates

Bill Gates says the “doomsday view” of climate catastrophe is wrong, signaling a major shift in the global warming debate.

DOJ to Review Biden’s Use of Autopen for Pardons

The DOJ will review the Biden administration’s use of an autopen for thousands of pardons, U.S. Attorney General Pam Bondi confirmed Tuesday.

Trump, Japanese PM Sign Critical Minerals, Rare Earths Deal

The U.S. president visited Tokyo on the second leg...

Trump Hikes Canada’s Tariffs by 10 Percent for Not Pulling Anti-Tariff Ad Immediately

Trump announced he will increase tariffs on Canada by 10% after ad by provincial government of Ontario misrepresented President Reagan’s speech on tariffs.

Trump Rolls Back Emissions Rules on Copper Smelters

President Trump issued a proclamation aimed at reversing a Biden-era environmental rule that enforced stricter air emission standards on copper smelters.

Donor Gives $130 Million to Cover Shortfall in Troop Pay During Shutdown

Trump announced on Oct. 23 that an anonymous donor sent $130M to cover military pay during the ongoing government shutdown.
spot_img

Related Articles

Popular Categories

MAGA Business Central