JPMorgan to Settle $290M Resolving Lawsuit from Epstein Case

JPMorgan to Settle $290M Resolving Lawsuit from Epstein Case

JPMorgan accepted a settlement for resolving the lawsuit against them.
More than 120 victims are getting a legal judgment for their loss.
JPMorgan Chase & Co, the financial services in New York City, America has been alleged to pay a tentative settlement of around $290M. This is due to the lawsuit raised against them and resolving the sexual abuse victims of Jeffrey Epstein, a financier. However, this Monday, the claim has been recorded as a result of the federal lawsuit documented a year ago.

BREAKING: JP Morgan Chase is prepared to pay $290 million to resolve claims by victims of Jeffrey Epstein, according to CNBC
But the bank knew nothing about what Epstein was doing, right? pic.twitter.com/lUaIfk86Kx
— Genevieve Roch-Decter, CFA (@GRDecter) June 12, 2023
Following the judgment of proceeding the case as a class-action lawsuit in Manhattan’s District Court, United States, the settlement is announced. Meanwhile, one of the lawyers, David Boies condemned that the bank agree

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