JPMorgan Says Claims That Staley Observed Epstein Abuse Are Unsupported

  • Banks ask court to dismiss amended suits by Epstein victims
  • Suit says Staley knew of abuse, meaning JPMorgan did as well
Jes StaleyPhotographer: Simon Dawson/Bloomberg
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JPMorgan & Chase Co. pushed back on allegations that its former executive Jes Staley “personally observed” Jeffrey Epstein’s abuse, calling them “unsupported” and “conclusory.”

The bank on Tuesday night asked a federal judge to dismiss an amended lawsuit filed last month by Epstein victims who claim JPMorgan facilitated his sex-trafficking ring. The revised suit added claims that Staley had direct knowledge of Epstein’s activities, contending that meant the bank knew as well.