JPMorgan has reached a settlement with victims of Jeffrey Epstein

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JPMorgan has reached a settlement with victims of Jeffrey Epstein
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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.

JPMorgan Chase announced a settlement Monday with the victims of Jeffrey Epstein who had accused the bank of being the financial conduit that allowed the financier to continue operating a sex trafficking operation.

“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,” JPMorgan Chase said in a written statement early Monday. Listen now and subscribe: Apple Podcasts | Google Podcasts | Spotify | RSS Feed | Omny Studio | All Of Our Podcasts The settlement with Jane Doe arrives on the same day that a judge granted Doe's lawsuit class-action status, meaning future awards would be granted to Doe and other victims.

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