JPMorgan settles lawsuit with Jeffrey Epstein victims for $290 million

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JPMorgan settles lawsuit with Jeffrey Epstein victims for $290 million
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'Any association with him was a mistake and we regret it,' a bank spokesman said.

) reached a tentative $290 million settlement with victims of Jeffrey Epstein, one of two lawsuits alleging the nation's largest bank ignored warnings about its longtime client and facilitated his alleged sex trafficking.was asked by lawyers what he knew about the bank's dealings with EpsteinThe case at issue was filed in November of last year by a woman who is listed anonymously as Jane Doe in court papers.

Lawyer David Boies, who represented the victims, said “taken together or individually, the historic recoveries from the banks who provided financial services to Jeffrey Epstein speak for themselves. It has taken a long time, too long, but today is a great day for Jeffrey Epstein survivors, and a great day for justice.”

Epstein, who who pleaded guilty in 2008 to soliciting a minor for prostitution, was arrested in 2019 on child sex trafficking charges. He was later found dead in prison in an apparent suicide.faced a series of questions about what he knew about Epstein while the convicted sex predator was a longtime customer of the bankDuring a May 26 deposition conducted at JPMorgan's headquarters in Manhattan, Dimon said repeatedly that he never met Epstein or talked to him.

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