- JPMorgan Chase is suing Jes Staley, a former top executive, for potential penalties related to Jeffrey Epstein's sex trafficking crimes in two high-profile lawsuits.
- Staley is alleged to have “personally observed” Epstein abusing women and to have “spent time” with young girls at the disgraced financier’s homes.
- Staley did not disclose his relationship with Epstein to JPMorgan and allegedly violated the bank's code of conduct.
- The lawsuit marks the latest escalation in the legal battle over JPMorgan's connections to Jeffrey Epstein.
- JPMorgan is also asking the court to order Staley to return his compensation from the “time period of his disloyalty”.
JPMorgan sues Jes Staley for damages tied to Epstein lawsuits
Bank claims former executive failed to disclose potentially damaging ties to convicted sex offender
