JPMorgan's Epstein Lawsuit Against Former Exec Jes Staley Moves Forward
TL;DR Summary
Former JPMorgan executive Jes Staley has lost his bid to dismiss a complaint by the bank that seeks to hold him legally liable for sex trafficking by former JPMorgan customer Jeffrey Epstein. The bank filed a third-party complaint against Staley in March, arguing that if the Virgin Islands proves its allegations, "Staley is solely liable to the USVI, or liable to JPMC for all sums awarded to the USVI and against JPMC, if any, at trial." The suit also seeks to claw back more than $80 million in compensation that Staley received from the bank, where he worked for three decades.
- Former JPMorgan exec Jes Staley loses bid to dismiss suit over Jeffrey Epstein ties CNBC
- Jes Staley must face JPMorgan's Epstein claim, judge rules Financial Times
- How Bill Gates, other billionaires are tied to Jeffrey Epstein’s cases The Washington Post
- JPMorgan Chase blames Virgin Islands for Epstein sex crimes The Mercury News
- JPMorgan can sue former executive Staley over Epstein ties -US judge Reuters.com
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