Judge Rakoff's Opinion And Order In The Lawsuit Brought By The Survivors Against JP Morgan (Part 6)

Podcast: Epstein Chronicles: The Archives · Bobby Capucci

Opublikowano: 2026-10-24

Judge Jed Rakoff approved a $290 million settlement between JPMorgan Chase and Jeffrey Epstein's victims, emphasizing that the case sent a strong message to the financial industry about the responsibilities of banking institutions. The settlement, which did not require JPMorgan to admit liability, resolved claims that the bank ignored red flags to maintain Epstein as a client, benefiting from his illegal activities from 1998 to 2013. The approval came after a last-minute challenge from 16 state attorneys general who objected to a clause in the settlement that prevented future claims by any "sovereign or government" on behalf of the victims. They argued...