A general view showing the J.P.Morgan Building in Central on May 18, 2023 in Hong Kong, China. (Photo by Vernon Yuen/NurPhoto via Getty Images) JPMorgan Chase has reached a settlement in a class action lawsuit with victims of financier Jeffrey Epstein.Epstein was arrested in 2019 on federal charges accusing him of paying underage girls hundreds of dollars in cash for massages and then molesting them at his homes in Florida and New York.
He was found dead in jail on Aug. 10 of that year, at age 66. A medical examiner ruled his death a suicide.The lawsuit filed in Manhattan federal court in November sought to hold JPMorgan financially liable for Epstein’s decades-long abuse of teenage girls and young women.
A related lawsuit has been filed in the U.S. Virgin Islands.Terms of the settlement were not disclosed.RELATED: Jeffrey Epstein-related suit: Virgin Islands says it can’t find Google co-founder Larry Page"The parties believe this settlement is in the best interests of all parties, especially the survivors who were the victims of Epstein’s terrible abuse," the bank said in a statement on Monday.Litigation is still pending between the U.S.
Virgin Islands and JPMorgan Chase, as well as JPMorgan Chase’s claims against former executive, Jes Staley.Jeffrey Epstein's former home on the island of Little St.