JPMorgan legal fees in Jeffrey Epstein sex traffic cases near $14 million, former exec reveals

United States News News

JPMorgan legal fees in Jeffrey Epstein sex traffic cases near $14 million, former exec reveals
United States Latest News,United States Headlines
  • 📰 NBCNewYork
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

JPMorgan Chase has racked up $13.8 million in legal fees defending itself against allegations of facilitating Jeffrey Epstein’s sex trafficking operation.

Both suits claim that the bank facilitated and profited Epstein's trafficking of women when he was a customer from 1998 through 2013.

Staley, 66, is opposing the bank's claim. He also has denied an allegation Doe that he sexually assaulted her. "Consistent with this theme, the three experts whom the bank has retained to support its third-party claims against Mr. Staley are focused on a single question: How much should Mr. Staley have to pay?" the filing said.

And"Shelley Chapman, a retired bankruptcy judge, opines that JPMorgan's $13.8 million in legal fees in the Jane Doe and USVI cases was 'reasonable,'"according to Staley's filing.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

NBCNewYork /  🏆 270. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Toshiba wins shareholder support for JIP's $14 bln takeover offerToshiba wins shareholder support for JIP's $14 bln takeover offerA consortium led by private equity firm Japan Industrial Partners (JIP) gained 78.65% of Toshiba through a tender offer, Toshiba said, coming a step closer to completing a $14 billion deal to take the company private.
Read more »

Toshiba says $14 billion takeover bid by JIP has succeeded By ReutersToshiba says $14 billion takeover bid by JIP has succeeded By ReutersToshiba says $14 billion takeover bid by JIP has succeeded
Read more »

Toshiba is set to delist in Japan after 74 years as part of $14 billion dealToshiba is set to delist in Japan after 74 years as part of $14 billion dealToshiba said on Thursday that a $14 billion tender offer from private equity firm Japan Industrial Partners (JIP) had ended in success — a deal which paves the way for the embattled industrial conglomerate to go private.
Read more »

Schererville council passes $53.7 million budget on first readingSchererville council passes $53.7 million budget on first readingThe Town of Schererville is eying a cumulative budget of $53.7 million in 2024 with a General Fund estimate of $14 million.
Read more »

Japan's troubled Toshiba to delist after takeover by Japanese consortium succeedsJapan's troubled Toshiba to delist after takeover by Japanese consortium succeedsToshiba says a 2 trillion yen ($14 billion) tender offer for the troubled electronics and energy giant by a Japanese consortium has been completed, clearing the way for it to be delisted.
Read more »



Render Time: 2025-02-22 13:24:12