Banking giant JPMorgan Chase has agreed to a settlement with the victims of Jeffrey Epstein.
and continuing to do business with him after he pleaded guilty to soliciting prostitution from an underage girl in 2008 because he was a valuable client.
The terms of the settlement were not disclosed, and it still needs to be approved by a judge. Per reports, it’s possible the JPMorgan settlement could be larger than the Epstein’s victims after settling a similar lawsuit last month. And it’s possible the number of victims seeking damages from JPMorgan could be over 100. , JPMorgan said, “We all now understand that Epstein’s behavior was monstrous, and we believe this settlement is in the best interest of all parties, especially the survivors, who suffered unimaginable abuse at the hands of this man. Any association with him was a mistake, and we regret it.
Brad Edwards, one of the lawyers representing Epstein’s victims, said, “We promised to bring full justice to the victims of, and this is a giant step toward fulfilling that promise. Holding a financial institution accountable for facilitating sex trafficking had never been done before now. Let’s hope it is the last time we ever need to do that.
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