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Al Jazeera
Al Jazeera
Business

JPMorgan to pay $290m to settle with Epstein victims

The proposed settlement would see JPMorgan Chase pay $290m to end the lawsuit [File: /Mike Segar/Reuters]

JPMorgan Chase has agreed in principle to settle a class-action lawsuit brought by a victim of Jeffrey Epstein, the US bank says in a joint statement with the woman’s lawyers.

The settlement announced on Monday resolves one claim against JPMorgan in a proposed class action by a woman who says Epstein abused her.

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