JPMorgan to Pay $290 Million to Settle Epstein Victims Suit

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JPMorgan Chase & Co. is prepared to pay $290 million to settle a lawsuit alleging it knowingly benefited from former client Jeffrey Epstein’s sex trafficking, according to a person familiar with the matter.

The firm reached an “agreement in principle” to settle the proposed class action filed by an unnamed Epstein victim late last year, JPMorgan said in a statement Monday.

“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,” the New York-based bank said. “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.”

The bank makes no admission of liability in connection with the settlement, according to the person, who asked not to be named discussing the matter because it is private.

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We don’t want to see them pay a fine. We want people in prison.

BronnyJamesMVP
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So that submarine tragic was a distraction from this news.

detroitmidunkin
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Put an end to it ?!?!

Dude theres as an island they brought kids to the fact that these people werent hung is the real issue.

douglasjay
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Where is everyone? Where’d the emails go?

alwaysyouramanda
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Put an end to J p morgan, why people r blind

arminpithawala
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Legally because children are involved you can shut down jp morgan till the investigation ends and freeze their assets let those sparks fly

scoobysnax
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And we're all distracted by that dam sub

mudflap
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Mark my words. JP is already bankrupt in more than one way and they dont even realize it!

Sepsis_Fi_Marine
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Crazy how this didn’t hit the news or the media went crazy

AYEEYOBEASTBOY
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Don't forget to prosecute ms plaskett, who heads the virgin island government and sits in our house of congress.

shanetrane
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Nahh braa the name “virgins islands”. 😮😮

slowe
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Why j p morgan in mumbai pay so much high salary to employees, cut off salary otherwise there will b great loss and panic

arminpithawala
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No one made these girls go back time and time one put a gun to there

bodgiepotbuddah
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Why the hell don’t we know the details? This is fing crazy.

insidiouscoil
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NO NAME'S NO MONEY. AIN'T WHAT I CALL JUSTICE, IT'S PAYMENT FOR VICTIMS SILENCE. ANYONE EXCEPTING SETTLEMENT EVERY TIME YOU BUY SOMETHING WITH THE BIG BUCKS JUST REMEMBER THOSE THAT ABUSED YOU ARE STILL OUT THERE.

allenbaxter
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We the people feel like that's not enough! 🤨

--SPOKY--
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Funny how joe the emails have been “accidentally” deleted

Jazzyshorts
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so that’s what we were distracted from

Jazzyshorts