Jamie Dimon should be forced to undergo a second round of questions about JPMorgan Chase’s relationship with Jeffrey Epstein, according to lawyers for a woman who claims the bank is liable for the sexual abuse she suffered at the hands of the deceased financier.
JPMorgan CEO Dimon sat for a seven-hour statement in May. Lawyers for the unnamed plaintiff now want to talk to him again after JPMorgan turned over 1,500 documents following his questioning.
“Despite the court’s clear warning, JPMC still failed to quickly produce documents from the custody files of key witnesses, some of whom had already been deposed, for strategic reasons,” the woman’s lawyers wrote in a letter to Judge Jed on Friday. Rakoff. who is presiding over the case in the federal court for the Southern District of New York.
JPMorgan said there was “no reason to reopen any of these statements.”
The bench said: “Plaintiffs love the headlines but no amount of time on the record will change the fact that Jamie Dimon never met the man, never worked with the man and in hindsight wishes the man had never been a customer of the company Has been. .”
Lawyers for the woman, who is using the pseudonym Jane Doe, are also seeking a new set of statements from Mary Erdoes, who heads the group’s private banking business where Epstein was a client, and Mary Casey, another private banker at JPMorgan.
The request is the latest twist in two escalating legal battles between JPMorgan and Jane Doe, as well as the U.
S. Virgin Islands, where Epstein had a home. The two accusers have accused the bank of ignoring red flags related to Epstein and profiting from human trafficking.
The bank’s attorneys have previously described the USVI lawsuit as “undeserved,” and Jane Doe’s complaint as “aimed at the wrong party.
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The cases have shed light on internal deliberations at JPMorgan over whether or not to keep Epstein as a client of his private bank from 1998 to 2013, when the lender finally cut ties. During that time, he pleaded guilty to soliciting prostitution from a minor in 2008 and served 13 months in a Florida jail.
He then became a client of Deutsche Bank, which last month agreed to pay up to $75 million to settle a lawsuit brought by Jane Doe.
In Dimon’s statement in May, he identified former JPMorgan general counsel Stephen Cutler as the “ultimate decision maker” who had the authority to cut Epstein as a client.
The CEO said he only learned about Epstein having accounts at the bank about four years ago, when the disgraced financier was arrested on federal sex crime charges.
Epstein committed suicide in 2019 while awaiting trial in prison.
