US States Object to JPMorgan's Epstein Settlement

1 min read
Source: Reuters
US States Object to JPMorgan's Epstein Settlement
Photo: Reuters
TL;DR Summary

JPMorgan Chase's $290 million settlement with Jeffrey Epstein's accusers is facing objections from 16 U.S. states and Washington, D.C. The attorneys general argue that the settlement language, which prevents any sovereign or government from seeking damages related to sex trafficking by Epstein and his associates, could hinder their ability to seek compensation for sexual abuse victims under the federal Trafficking Victims Protection Act. They contend that the settlement agreement improperly seeks to release their claims for victim-specific relief. The objection requires addressing by November 6, and a hearing for final approval is scheduled for November 9.

Share this article

Reading Insights

Total Reads

0

Unique Readers

10

Time Saved

1 min

vs 2 min read

Condensed

75%

38896 words

Want the full story? Read the original article

Read on Reuters