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

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Source: CNN
Judge orders JPMorgan and Deutsche Bank to face lawsuits over Jeffrey Epstein ties.
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TL;DR Summary

JPMorgan Chase and Deutsche Bank must face lawsuits accusing them of enabling Jeffrey Epstein's sex trafficking, according to a US judge. The decision could expose the banks to additional financial and reputational damage for keeping Epstein as a client, even after he registered as a sex offender. The judge ruled that both banks must face proposed class actions by women who said Epstein sexually abused them. The decision gives the plaintiffs a chance to prove that the banks knowingly benefited from involvement in Epstein's sex trafficking and were negligent and obstructed enforcement of a federal anti-trafficking law.

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