Federal Judge Gives Final Approval to $290M Settlement Between JPMorgan Chase and Jeffrey Epstein’s Trafficking Victims
A long association with Jeffrey Epstein has turned into a bad stain that is very hard to clean away.
Whether you are politician, monarchy, Hollywood elite, famous academic, or even a Wall Street titan, sooner or later the reckoning comes.
Just ask the largest US bank, JPMorgan Chase. After roughly a year in pre-trial litigation and negotiations, the financial institution finally seems to have resolved its legal issues regarding its decades long ties to the late convicted sex offender.
A U.S. Federal judge approved JPMorgan Chase’s $290 million settlement with Epstein’s victims, who claimed that bank turned a blind eye to the late financier’s sex trafficking.
Reuters reported:
“U.S. District Judge Jed Rakoff granted final approval to the deal at a hearing in Manhattan federal court.
