Legal
Staley Seeks Dismissal of JPMorgan Epstein Suit as Scapegoating
- He argues bank is using him as ‘a public relations shield’
- Bank says he should be held liable for any damages it faces
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JPMorgan Chase & Co. former executive Jes Staley asked a judge to dismiss the bank’s lawsuit against him over liability for Jeffrey Epstein’s sex trafficking, arguing he had no power over Epstein and that the bank waited years to act.
JPMorgan seeks to hold Staley responsible for any damages from other suits accusing the company of facilitating Epstein’s abuse. In a filing late Monday, Staley said he had no decision-making authority over Epstein’s accounts and accused JPMorgan of using him as “a public relations shield.”