JPMorgan Chase Reaches $290 Million Settlement with Epstein Victims
JP Morgan agrees to pay $290m to settle lawsuit brought by Jeffrey Epstein victims
JP Morgan has agreed to pay roughly $290m (£232m) to settle a lawsuit brought on behalf of alleged victims of convicted sex offender Jeffrey Epstein.
Attorneys for the bank said it was "in the best interests of all parties, especially the survivors who were the victims of Epstein's terrible abuse".
The lawsuit had alleged the largest US bank ignored warning signs about its client during a 15-year relationship.
The agreement is subject to court approval.
Epstein accuser Jane Doe 1 reaches $290 million settlement with JPMorgan Chase
Jane Doe 1, a survivor of Jeffrey Epstein's sex crimes who accused JPMorgan Chase of facilitating the disgraced billionaire's abuse of dozens of girls and young women, has reached a settlement with the bank on behalf of herself and other victims.
The bank will pay $290 million as part of the settlement, according to David Boies, attorney for the plaintiffs.
JPMorgan Settles In Jeffrey Epstein Case
JPMorgan Chase announced Monday that the institution reached an agreement in a case brought about by victims of late child sex trafficker Jeffrey Epstein.