JPMorgan Chase signaled its intent to reconcile a lawsuit levied against the mega bank, accusing it of profiting from the sex trafficking operations of its former client, Jeffrey Epstein.<br /><br />An “agreement in principle” to settle the class action suit was issued in a statement on Monday by JPMorgan and the lawyers representing the victims, according to Bloomberg, initially filed by a victim of Epstein identified only as Jane Doe.<br /><br />Despite reaching an agreement with Jane Doe, JPMorgan continues to grapple with a similar case brought by the U.S. Virgin Islands, Bloomberg reported, a location known for Epstein’s secluded retreat where several of his victims were brought.<br /><br />The lawsuit, submitted anonymously last year by an Epstein survivor, sheds light on the sexual abuse endured by women and young girls spanning a 15-year period when they were in their teens. While the exact number of victims remains unknown, the potential number could exceed a hundred, according to The New York Times.
