Former JPMorgan exec Jes Staley loses bid to dismiss suit over Jeffrey Epstein ties

1 year ago 104

Jes Staley, erstwhile CEO of Barclays

Justin Solomon | CNBC

A national justice connected Wednesday denied a bid by erstwhile JPMorgan Chase enforcement Jes Staley to disregard a suit by the slope that seeks to clasp him legally liable for enactment trafficking by erstwhile JPMorgan lawsuit Jeffrey Epstein.

The ruling successful U.S. District Court successful Manhattan came 2 days earlier JPMorgan CEO Jamie Dimon is scheduled to beryllium deposed successful a suit by the authorities of the U.S. Virgin Islands against the slope implicit its narration with the precocious predator Epstein.

The Virgin Islands alleges successful that suit, filed successful December, that JPMorgan facilitated and financially benefited from the trafficking of young women by Epstein to his backstage land successful the American territory to beryllium abused by him and others there.

Epstein was a long-time lawsuit of the slope until 2013.

In March, arsenic portion of its ineligible effect to the Virgin Islands lawsuit, JPMorgan filed a alleged third-party ailment against Staley.

That enactment argues that if the Virgin Islands proves its allegations that "Staley is solely liable to the USVI, oregon liable to JPMC for each sums awarded to the USVI and against JPMC, if any, astatine trial."

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