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US Virgin Islands demands $150 mln penalties, other damages from JPMorgan in Epstein case

Companies JPMorgan Chase & Co Follow
NEW YORK, July 14 (Reuters) – The U.S. Virgin Islands said it wants JPMorgan Chase (JPM.N) to pay $150 million in civil penalties plus additional damages to resolve a lawsuit accusing the largest U.S. bank of ignoring the disgraced late financier Jeffrey Epstein’s sex trafficking.
The dollar amount was provided in a filing on Friday in federal court in Manhattan. The U.S. Virgin Islands had not previously disclosed publicly any particular sum it wanted JPMorgan to pay.
Reporting by Jonathan Stempel in New York; editing by Jonathan Oatis
Our Standards: The Thomson Reuters Trust Principles.

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