Jamie Dimon, President, CEO & &(************************************************************************************************** )of JP Morgan Chase, speaking on Squawk Box at the WEF in Davos, Switzerland onJan 19 th,2023
Adam Galica|CNBC
JPMorgan Chase & & Co on Tuesday turned down the U.S. Virgin Islands’ need that it turn over more files worrying Chief Executive Jamie Dimon for a suit implicating the bank of assisting in Jeffrey Epstein’s sex trafficking.
In a Tuesday filing in Manhattan federal court, JPMorgan implicated the area of pandering for limelights by requiring files from Dimon from 2015 to 2019.
The biggest U.S. bank stated Dimon was not associated with any choices relating to Epstein’s account, which it had actually dropped the investor as a customer in 2013.
It likewise called the U.S. Virgin Islands’ require a “fishing expedition,” after the area had actually acquired a “massive trove” of info in lawsuits versus Epstein’s estate, where it recuperated more than $105 million.
“Dimon is not relevant to this action,” JPMorgan stated. “If there were evidence supporting discovery from JPMC from 2014-2019, USVI would have found it.”
Lawyers for the U.S. Virgin Islands did not instantly react to ask for remark.
In aFeb 23 court filing, the area had actually called Dimon “a likely source of relevant and unique information” about choices to keep Epstein as a customer, and conversations on Epstein’s recommendations of popular and rich possible customers.
The U.S. Virgin Islands is looking for damages from JPMorgan for missing out on warnings about Epstein’s misbehavior on LittleSt James, a personal island he owned there.
JPMorgan on Tuesday likewise asked a judge to decline a need by Epstein victims for more files for their own claim.
Both cases focus in part on Epstein’s relationship with Jes Staley, a previous JPMorgan personal banking chief who has actually acknowledged having a relationship with Epstein however rejected understanding about his supposed criminal activities.
Epstein passed away in August 2019 at age 66 in a Manhattan prison cell while waiting for trial on sex trafficking charges.
Dimon and Staley, who later on acted as Barclays Plc’s president, are not accuseds in either claim.
The case is Government of the U.S. Virgin Islands v JPMorgan Chase Bank NA, U.S. District Court, Southern District of New York,No 22-10904
