Epstein accuser Jane Doe 1 reaches $290 million settlement with JPMorgan Chase – Gist It

Epstein accuser Jane Doe 1 reaches $290 million settlement with JPMorgan Chase

Epstein accuser Jane Doe 1 reaches a $290 million settlement with JPMorgan Chase over the bank’s alleged involvement in facilitating the abuse committed by Jeffrey Epstein.

The settlement: JPMorgan will pay $290 million as part of the settlement, pending court approval, on behalf of Jane Doe 1 and other victims.
* The settlement came after a federal judge granted class-action status to the lawsuit, with potentially over 100 plaintiffs involved.
* A hearing is slated for June 26.

Previous bank settlements: Deutsche Bank agreed to a $75 million settlement in a similar case last month, targeting banks that serviced Epstein’s financial dealings for years.

Ongoing cases: Two other high-profile Epstein-related cases remain unresolved, involving the U.S. Virgin Islands’ suit against JPMorgan Chase and the bank’s claims against former executive James Edward “Jes” Staley for covering up Epstein’s actions.

View original article on NPR

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June 12, 2023

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