JPMorgan Chase & Co CEO Jamie Dimon shall be interviewed beneath oath in reference to the financial institution’s relationship with Jeffrey Epstein, the late intercourse offender and a former consumer, a lawyer concerned within the litigation mentioned on Tuesday.
The deposition is predicted to happen in early Could, in response to Brad Edwards, a lawyer representing girls who declare to have been sexually abused by Epstein and are suing the most important US financial institution for allegedly enabling the financier’s intercourse trafficking.
JPMorgan declined to remark.
Epstein had been a JPMorgan consumer from 2000 to 2013, with the final 5 years coming after he had pleaded responsible to a Florida prostitution cost.
JPMorgan is defending in Manhattan federal courtroom two lawsuits searching for damages over its dealings with Epstein: a proposed class motion by Epstein’s accusers and a case introduced by the US Virgin Islands, the place Epstein owned a house.
The financial institution can be suing Jes Staley, a former personal banking chief and later Barclays chief government who had been pleasant with Epstein.
JPMorgan needs Staley to reimburse it for eight years of compensation and damages it would incur within the different lawsuits. The Monetary Occasions earlier reported Dimon’s anticipated deposition.
Citing an individual accustomed to an inner JPMorgan probe, the newspaper mentioned there was no file discovered of Dimon being in direct communication with Epstein or included in any dialogue over retaining him as a consumer.
On March 9, a federal decide ordered JPMorgan to provide the US Virgin Islands paperwork regarding Dimon from 2015 to 2019, after Epstein had been dropped as a consumer, rejecting the financial institution’s declare that the territory was on a “fishing expedition”.
Deutsche Financial institution AG, the place Epstein was a consumer from 2013 to 2018, can be being sued by the financier’s accusers.
Epstein killed himself in a Manhattan jail cell at age 66 in August 2019 whereas awaiting trial for intercourse trafficking.