JPMorgan Chase has agreed to pay about $US290 million ($A429 million) to settle a class action lawsuit by Jeffrey Epstein’s victims, a person familiar with the matter said, resolving a large part of litigation over the bank’s relationship with the disgraced financier.
Monday’s settlement follows months of embarrassing disclosures that JPMorgan ignored internal warnings and overlooked red flags about Epstein because he had been a valuable client over a 15-year period.
