Posted on

JPMorgan Reaches $290 Million Settlement With Epstein’s Victims



Share

JPMorgan Chase reached a tentative settlement with sexual abuse victims of Jeffrey Epstein, the deceased financier, after weeks of embarrassing disclosures about the bank’s longstanding relationship with him, the bank and lawyers for the victims said in a statement on Monday.David Boies, one of the lead lawyers for the victims, said the bank was prepared to pay $290 million to resolve the lawsuit. The parties initially had agreed not to disclose the settlement amount in their joint statement, as it was set to be included in a court filing within the next week.The proposed deal would settle a lawsuit filed last November in Manhattan federal court by an unidentified woman on behalf of victims who were sexually abused by Mr. Epstein over a …

Read More