JPMorgan Chase & Co and Deutsche Financial institution AG requested a U.S. decide to dismiss lawsuits by ladies who accused Jeffrey Epstein of sexual abuse, and mentioned the banks enabled and ignored purple flags concerning the late financier’s intercourse trafficking.
The banks in papers filed on Friday evening in Manhattan federal courtroom mentioned they didn’t take part in or profit from intercourse trafficking by their former consumer, and that the unnamed ladies didn’t allege violations of a federal anti-trafficking legislation.
The banks additionally mentioned that they had no obligation to guard the ladies from Epstein and didn’t trigger his abuses, requiring the dismissal of claims beneath a brand new legislation in New York that lets abuse victims sue even when statutes of limitations have expired.
“Jane Doe 1 is a survivor of Epstein’s sexual abuse, and she or he is entitled to justice,” however filed meritless claims in opposition to the “flawed get together,” JPMorgan mentioned in its submitting.
Legal professionals for the ladies didn’t instantly reply on Saturday to requests for remark.
Each lawsuits search class-action standing and unspecified damages. They had been filed on Nov. 24 by attorneys who’ve represented many Epstein accusers.
Epstein killed himself in a Manhattan jail cell in August 2019 whereas awaiting trial on intercourse trafficking expenses.
Epstein was a JPMorgan consumer from about 2000 to 2013, and a Deutsche Financial institution consumer from 2013 to 2018, courtroom papers present.
The JPMorgan plaintiff is a former ballet dancer who mentioned Epstein abused and trafficked her from 2006 to 2013, whereas the Deutsche Financial institution plaintiff mentioned she suffered from comparable misconduct between 2003 and 2018.
Each mentioned quite a few money funds from the banks had been used to pay Epstein’s victims.
New York State’s monetary regulator in July 2020 fined Deutsche Financial institution $150 million over its relationship with Epstein.
On Tuesday, the U.S. Virgin Islands, the place Epstein had a house, sued JPMorgan, saying the financial institution turned a “blind eye” to his trafficking whereas offering banking companies.
The circumstances are Jane Doe 1 v Deutsche Financial institution AG et al, U.S. District Court docket, Southern District of New York, No. 22-10018, and Jane Doe 1 v JPMorgan Chase & Co in the identical courtroom, No. 22-10019.
