JPMorgan, Deutsche Bank Win Epstein-Claim Dismissals

  • Judge tossed claims that banks participated in sex-trafficking
  • He allowed claims that banks knowingly benefited from crime
A protester holds up a sign of Jeffrey Epstein in front of the federal courthouse in New York on July 8, 2019.Photographer: Stephanie Keith/Getty Images
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JPMorgan Chase & Co. and Deutsche Bank AG must still face lawsuits alleging that they knowingly benefited from Jeffrey Epstein’s sex-trafficking venture, but a judge threw out several of the claims against them.

US District Judge Jed Rakoff on Monday tossed the majority of the claims made against the banks in proposed class action suits filed by an Epstein victim identified only as Jane Doe. The Manhattan federal judge also threw out three of the four claims filed against JPMorgan in a separate suit by the US Virgin Islands.