JPMorgan Chase has agreed to pay $290 million to settle a lawsuit brought by survivors of convicted sex trafficker Jeffrey Epstein who say the bank ignored warnings about Epstein’s abuses for years because he was bringing in wealthy clients. JPMorgan Chase still faces a separate lawsuit brought by the U.S. Virgin Islands, where the Attorney General’s Office said in a statement it will proceed with its enforcement action to “prevent the bank from assisting and profiting from human trafficking in the future.”
Chase Bank to Pay $290 Million to Settle Class-Action Suit Brought by Epstein Survivors
HeadlineJun 13, 2023