- JPMorgan Chase agrees to pay $290 million to settle a lawsuit over its ties to Jeffrey Epstein.
- The lawsuit was brought by Epstein accusers who claimed the bank ignored red flags about Epstein.
- The settlement, which must be approved by the court, would be one of the largest ever for a civil sex-trafficking case.
- JPMorgan still faces a related lawsuit from the government of the U.S. Virgin Islands.
- Deutsche Bank, which handled Epstein’s accounts after JPMorgan, previously agreed to pay $75 million to resolve a similar suit.
JPMorgan to Pay $290 Million to Settle Jeffrey Epstein Accusers’ Suit
Settlement, if approved by court, would be one of largest ever for civil sex-trafficking case