JPMorgan Chase agreed to pay $290 million to settle a lawsuit over its ties to Jeffrey Epstein, said lawyers for Epstein accusers, shortly after top executives were questioned about the bank’s years of dealings with the convicted sex offender.
The lawsuit on behalf of women who accused Epstein of abuse helped expose details about the bank’s relationship with Epstein for years after his conviction, forced Chief Executive Jamie Dimon to answer questions under oath, and led the bank to turn around and sue a former top leader, Jes Staley.
Dimon said in his deposition last month that he had never discussed Epstein or his accounts. Staley was deposed over the weekend.
Read the full story on The Wall Street Journal here.