Jes Staley, former CEO of Barclays
Justin Solomon | CNBC
A federal decide on Wednesday denied a bid by former JPMorgan Chase govt Jes Staley to dismiss a lawsuit by the lender that seeks to keep him lawfully liable for sexual intercourse trafficking by former JPMorgan purchaser Jeffrey Epstein.
The ruling in U.S. District Court docket in Manhattan came two times right before JPMorgan CEO Jamie Dimon is scheduled to be deposed in a lawsuit by the federal government of the U.S. Virgin Islands from the bank about its marriage with the late predator Epstein.
The Virgin Islands alleges in that suit, submitted in December, that JPMorgan facilitated and fiscally benefited from the trafficking of younger girls by Epstein to his non-public island in the American territory to be abused by him and some others there.
Epstein was a very long-time customer of the financial institution till 2013.
In March, as element of its lawful reaction to the Virgin Islands lawsuit, JPMorgan submitted a so-known as third-party grievance against Staley.
That motion argues that if the Virgin Islands proves its allegations that “Staley is solely liable to the USVI, or liable to JPMC for all sums awarded to the USVI and in opposition to JPMC, if any, at demo.”
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