JPMorgan reaches settlement with Jeffrey Epstein victim in lawsuit

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Jeffrey Epstein attends the UBN JOURNAL RADAR Release at Hotel QT on May 18, 2005.

Patrick McMillan | Getty Images

JPMorgan Chase Monday that they have reached a settlement with one of the victims of the late sex predator Jeffrey Epstein, who had sued the bank in federal court.

The bank’s lawsuit with the US Virgin Islands in the Epstein case remains, however. His claims against former boss Jes Staley, who was friends with Epstein, are also active, the bank said.

The victim and the Virgin Islands, where Epstein had a private island, both say JPMorgan continued to work with Epstein after learning he was a predator, and helped the his sex trafficking crimes.

The news comes more than a week after JPMorgan CEO Jamie Dimon gave a deposition in the Epstein cases. On Friday, Epstein’s victim, known as Jane Doe 1 in documents, asked the court to reopen Dimon’s deposition.

JPMorgan has denied wrongdoing and says it regrets having Epstein as a client.

Read the full message:

JPMorgan Chase and Jane Doe 1 Reach Agreement to Settle Litigation in Epstein Case

NEW YORK, June 12, 2023 – The parties in Jane Doe 1 v. court approval.

Litigation is still pending between the US Virgin Islands and JPMorgan Chase, as are JPMorgan Chase’s claims against Jes Staley.

The parties believe this settlement is in the best interest of all parties, particularly the survivors of Epstein’s abuse.

This is breaking news. Please check back for updates.

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