JPMorgan and Deutsche Bank to face lawsuits over Jeffrey Epstein ties.

Lawsuits accusing JPMorgan and Deutsche Bank of knowingly benefitting from ties to sex trafficker Jeffrey Epstein can proceed, according to a US judge. The central claims brought by Epstein accusers and the US Virgin Islands can proceed, but some counts against the banks have been dismissed. The lawsuits claim that the banks “knowingly benefited from participating in a sex trafficking venture” led by Epstein. The rulings clear the way for plaintiffs to pursue further discovery ahead of a trial.