The lawyers representing the victims issued their own statement, calling the settlement “life changing and historic.” Many women who filed a claim with Epstein’s estate through the Epstein Victims’ Compensation Program are likely to be included in the two pending bank settlements, Boies said. It’s hard to say how many victims will ultimately benefit from the settlement funds, but more than 100 women are expected to seek compensation. The bank and the victims’ lawyers said the settlement is in the best interests of all parties, “especially the survivors who were the victims of Epstein’s terrible abuse,” according to the joint statement. Under terms of the settlement, JPMorgan Chase will not admit liability in the case, but upon the settlement’s approval the bank will put out a statement regretting its association with Epstein, Boies told CNN. The agreement is subject to court approval. The victims had accused the bank of enabling sex trafficking by the deceased financier when he was a client.Ī joint statement from the nation’s largest bank and attorneys for the victims said they “have informed the court that they have reached an agreement in principle to settle the putative class action lawsuit related to Jeffrey Epstein’s crimes.” ![]() ![]() JPMorgan Chase has agreed to pay $290 million to settle a class-action lawsuit from Jeffrey Epstein’s sexual abuse victims, according to David Boies, one of the victims’ attorneys.
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