Deutsche Bank, JPMorgan fight to dismiss class action suits - BusinessMirror

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Deutsche Bank, JPMorgan fight to dismiss class action suits - BusinessMirror
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Deutsche Bank AG and JPMorgan Chase & Co. have asked a federal court to throw out lawsuits filed by Jeffrey Epstein’s victims accusing the banks of enabling the late pedophile’s sex trafficking network.

Deutsche Bank AG and JPMorgan Chase & Co. have asked a federal court to throw out lawsuits filed by Jeffrey Epstein’s victims accusing the banks of enabling the late pedophile’s sex trafficking network.

The victims filed legal action against JPMorgan and Deutsche Bank in November, alleging Epstein’s sex trafficking enterprise could not have “existed or flourished” without the complicity of the banks. The suits, filed separately in federal court in Manhattan, are seeking unspecified damages for violations of sex trafficking and racketeering laws and the newly-enacted New York Adult Survivor’s Act.

JPMorgan’s motion was similar and requested that the court dismiss all claims. Both banks stated they ended their relationship with Epstein after The Miami Herald published in 2018 allegations about the financier’s abuse of young women and teenagers.

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