JPMorgan CEO Jamie Dimon and Board Successfully Defeat Epstein Lawsuit
A federal judge has dismissed a shareholder lawsuit accusing JPMorgan Chase CEO Jamie Dimon and his board of directors of ignoring red flags surrounding disgraced former client Jeffrey Epstein. The judge ruled that the shareholders failed to first address their concerns with the bank's board before suing. The specific accusations about the bank's relationship with Epstein were not addressed in the ruling. The judge is also overseeing two other Epstein-related lawsuits against JPMorgan.
