Close Menu
  • Homepage
  • Local News
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
  • Business
  • Technology
  • Health
  • Lifestyle
Facebook X (Twitter) Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
Facebook X (Twitter) Instagram Pinterest
JHB NewsJHB News
  • Local
  • India
  • World
  • Politics
  • Sports
  • Finance
  • Entertainment
Let’s Fight Corruption
JHB NewsJHB News
Home»Finance»No new questioning of JPMorgan CEO Dimon in Epstein case, judge says
Finance

No new questioning of JPMorgan CEO Dimon in Epstein case, judge says

June 17, 2023No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

NEW YORK, June 16 (Reuters) – Jamie Dimon, the chief government of JPMorgan Chase (JPM.N), is not going to have to sit down for a second deposition within the U.S. Virgin Islands’ lawsuit over the financial institution’s work for Jeffrey Epstein, the late financier and intercourse offender.

U.S. District Decide Jed Rakoff in Manhattan on Friday denied “in its entirety” the U.S. Virgin Islands’ request to once more have Dimon and one other JPMorgan worker testify beneath oath.

The territory, the place Epstein owned two neighboring islands, is searching for damages from JPMorgan for allegedly ignoring Epstein’s sexual abuses and letting him arrange a intercourse trafficking operation there.

Epstein was a JPMorgan shopper from 1998 till the financial institution terminated him in 2013. He died of an obvious suicide in a Manhattan jail cell in August 2019, one month after being arrested on intercourse trafficking costs.

JPMorgan declined to remark.

A spokesperson for the U.S. Virgin Islands stated the territory is assured it has “greater than adequate” proof to point out JPMorgan “facilitated and hid Jeffrey Epstein’s heinous crimes in violation of the regulation.”

The financial institution has stated Dimon was “crystal clear” in his Could 26 deposition that he knew nothing about Epstein’s sexual abuse of younger ladies and teenage women whereas Epstein was a shopper.

Dimon stated he didn’t recall discussing Epstein’s accounts on the time, and had barely heard of Epstein till his July 2019 arrest.

On June 12, JPMorgan agreed in precept to pay $290 million to settle a class-action lawsuit by dozens of ladies who stated Epstein sexually abused them.

The financial institution is suing former government Jes Staley, a onetime Epstein good friend and later Barclays’ (BARC.L) chief government, to cowl losses in each lawsuits for allegedly concealing what he knew about Epstein’s crimes.

Staley has denied wrongdoing. An Oct. 23 trial is scheduled.

The case is U.S. Virgin Islands v. JPMorgan Chase Financial institution NA, U.S. District Courtroom, Southern District of New York, No. 22-10904.

Reporting by Jonathan Stempel in New York; modifying by Jonathan Oatis

: .

Source link

case CEO Dimon Epstein JPMorgan Judge questioning
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Truist Initiates Teva Pharmaceuticals (TEVA) Coverage with Buy, $25 Price Target

May 31, 2025

Mortgage rates spend another week stuck near 7%

May 31, 2025

Here’s Why AppLovin (APP) Fell in Q1

May 31, 2025

This is why Jamie Dimon is so gloomy on the economy

May 30, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Truist Initiates Teva Pharmaceuticals (TEVA) Coverage with Buy, $25 Price Target

May 31, 2025

Supreme Court to hear man’s plea against detention of his mother by police in Assam | India News

May 31, 2025

What is Jin Shin Jyutsu?

May 31, 2025

Starting Order & Pole for Rackley Roofing 200

May 31, 2025
Popular Post

Explainer: What is Russia’s problem with the Black Sea grain deal?

Stocks moving big after hours: ZM, OXY, WDAY

Tori Spelling Spotted at RV Camp With Kids After Motel Stay

Subscribe to Updates

Get the latest news from JHB News about Bangalore, Worlds, Entertainment and more.

JHB News
Facebook X (Twitter) Instagram Pinterest
  • Contact
  • Privacy Policy
  • Terms & Conditions
  • DMCA
© 2025 Jhb.news - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.