Particle.news

Download on the App Store

JPMorgan Chase Settles Jeffrey Epstein Victims' Lawsuit for $290 Million

  • JPMorgan Chase has reached a tentative $290 million settlement with victims of Jeffrey Epstein who accused the bank of enabling his sex trafficking crimes.
  • Multiple news reports indicate JPMorgan is settling a lawsuit filed by an unnamed Epstein victim on behalf of other victims who say they were abused by Epstein between 1998 and 2013 when he was a client of the bank.
  • The settlement comes after JPMorgan CEO Jamie Dimon gave a deposition in the case, claiming he had little knowledge of Epstein's relationship with the bank.
  • JPMorgan still faces related litigation from the U.S. Virgin Islands government and a lawsuit against former JPMorgan executive Jes Staley.
  • The settlement adds to previous payouts by Deutsche Bank to Epstein victims and continues the legal fallout over Epstein's decades of abuse before his death in prison in 2019.
Hero image