Jeffrey Epstein victims settle sex trafficking lawsuit against JPMorgan for $290 million
The lawsuit filed in Manhattan federal court in November sought to hold JPMorgan financially liable for Epstein’s decades-long abuse of teenage girls and young women. A related lawsuit has been filed in the U.S. Virgin Islands.testified in a deposition for the case, where he denied knowing about Epstein and his crimes until the financier was arrested in 2019, according to a transcript of the videotaped deposition released last month.
The proposed settlement, which must still be approved by the judge in the case, totals $290 million, according to lead plaintiff attorney David Boies. Also on Monday, a judge ruled in favor of making Doe’s lawsuit into a class-action lawsuit for all victims of Epstein’s sex crimes. The bank continued to count Epstein as a client despite the fact that he was arrested and pled guilty in 2008 to sex crimes in Florida.