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The Guardian - US
The Guardian - US
Business
Edward Helmore in New York

JPMorgan Chase reaches settlement with victims of Jeffrey Epstein’s abuse

The JPMorgan Chase building on 26 May 2023 in New York City.
The JPMorgan Chase building on 26 May 2023 in New York City. Photograph: Michael M Santiago/Getty Images

JPMorgan Chase has announced a tentative settlement in a legal claim brought by a woman who said that the US banking giant knowingly benefited from sexual abuse that she and others suffered at the hands of disgraced financier Jeffrey Epstein.

The value of the settlement for a class of plaintiffs that has grown to encompass as many as 100 women or more is placed at $290m, said a source familiar with the terms.

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