Jamie Dimon will be removed from his position at JPMorgan-lawyer

Budrigannews.com – A lawyer involved in the litigation said on Tuesday that JPMorgan Chase & Co. CEO Jamie Dimon will be interviewed under oath regarding the bank’s relationship with the late sex offender and former client Jeffrey Epstein.

Brad Edwards, a lawyer for women who claim to have been sexually abused by Epstein and are suing the largest U.S. bank for allegedly enabling the financier’s sex trafficking, says the deposition is expected to take place in the beginning of May.

JPMorgan Chase & Co. declined to elaborate.

From 2000 to 2013, Epstein was a client of JPMorgan, with the last five years occurring after he pleaded guilty to a Florida prostitution charge.

In Manhattan federal court, JPMorgan is defending two lawsuits seeking damages for its dealings with Epstein: a proposed class action brought by Epstein’s accusers as well as a case brought by the United States Virgin Islands, where Epstein owned a home.

Additionally, the bank is suing Jes Staley, a former Barclays chief of private banking. Plc CEO who had been agreeable with Epstein.

JPMorgan demands reimbursement from Staley for eight years’ worth of potential compensation and damages from the other lawsuits.

Dimon’s anticipated deposition was first reported by the Financial Times.

Refering to an individual acquainted with an inner JPMorgan test, the paper said no record found of Dimon was being in direct correspondence with Epstein or remembered for any conversation over holding him as a client.

After Epstein had been dropped as a client, a federal judge on March 9 ordered JPMorgan to provide the U.S. Virgin Islands with Dimon’s documents from 2015 to 2019, rejecting the bank’s claim that the territory was on a “fishing expedition.”

NYSE: Deutsche Bank AG, where Epstein was a client from 2013 to 2018, the financier’s accusers are also suing.

In August 2019, Epstein, 66, committed suicide in a Manhattan jail cell while awaiting a sex trafficking trial.