Former JPMorgan Chase executive Jes Staley, who is being sued by the bank for allegedly failing to disclose his participation in Jeffrey Epstein’s sex crimes, must face trial alongside JPMorgan, Joe Miller of The Financial Times reports, citing the ruling of a New York judge. On Monday, Staley lost his bids to have the claims by the bank separated from two lawsuits brough against JPMorgan by an alleged Epstein victim and the U.S. Virgin Islands. JPMorgan’s claims against Staley were "closely related" to those made in other civil lawsuits and Staley was a "key figure" in the complaints against the bank, Judge Jed Rakoff ruled. Reference Link
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on JPM:
- JPMorgan dealmaking under scrutiny from U.S. regulator OCC, FT reports
- JPMorgan’s (NYSE:JPM) Spree of Smaller Deals Under Scrutiny After Startup Frank’s Debacle
- 5 Best Value Stocks to Invest in Now, According to Analysts – April 2023
- Remitly Global appoints two new members to its board of directors
- JPMorgan price target lowered to $146 from $157 at Evercore ISI