Jamie Dimon, President, CEO & Chairman of JP Morgan Chase, talking on Squawk Field on the WEF in Davos, Switzerland on Jan. nineteenth, 2023.
Adam Galica | CNBC
JPMorgan Chase & Co on Tuesday rejected the U.S. Virgin Islands’ demand that it flip over extra paperwork regarding Chief Government Jamie Dimon for a lawsuit accusing the financial institution of aiding in Jeffrey Epstein’s intercourse trafficking.
In a Tuesday submitting in Manhattan federal court docket, JPMorgan accused the territory of pandering for media consideration by demanding paperwork from Dimon from 2015 to 2019.
The most important U.S. financial institution mentioned Dimon was not concerned in any selections concerning Epstein’s account, and that it had dropped the financier as a shopper in 2013.
It additionally known as the U.S. Virgin Islands’ demand a “fishing expedition,” after the territory had obtained a “large trove” of knowledge in litigation towards Epstein’s property, the place it recovered greater than $105 million.
“Dimon is just not related to this motion,” JPMorgan mentioned. “If there have been proof supporting discovery from JPMC from 2014-2019, USVI would have discovered it.”
Attorneys for the U.S. Virgin Islands didn’t instantly reply to requests for remark.
In a Feb. 23 court docket submitting, the territory had known as Dimon “a possible supply of related and distinctive info” about selections to maintain Epstein as a shopper, and discussions on Epstein’s referrals of distinguished and rich potential shoppers.
The U.S. Virgin Islands is looking for damages from JPMorgan for lacking crimson flags about Epstein’s misconduct on Little St. James, a personal island he owned there.
JPMorgan on Tuesday additionally requested a decide to reject a requirement by Epstein victims for extra paperwork for their very own lawsuit.
Each circumstances focus partly on Epstein’s relationship with Jes Staley, a former JPMorgan personal banking chief who has acknowledged having a friendship with Epstein however denied understanding about his alleged crimes.
Epstein died in August 2019 at age 66 in a Manhattan jail cell whereas awaiting trial on intercourse trafficking expenses.
Dimon and Staley, who later served as Barclays Plc’s chief govt, usually are not defendants in both lawsuit.
The case is Authorities of the U.S. Virgin Islands v JPMorgan Chase Financial institution NA, U.S. District Courtroom, Southern District of New York, No. 22-10904.
from Business – My Blog https://ift.tt/3YB9XhH
via IFTTT https://ift.tt/xgSIbC6
No comments:
Post a Comment