By Matthew Russell Lee, Patreon Maxwell book
SDNY COURTHOUSE, May 18 – J.P. Morgan Chase and Deutsche Bank were sued for their enabling of Jeffrey Epstein, in lawsuits filed on Thanksgiving 2022 in the U.S. District Court for the Southern District of New York, where Inner City Press found them in the docket.
Late on May 17, 2023, plaintiffs' lawyer David Boies selectively announced a $75 million settlement with Deutsche Bank.
Nothing was filed in the docket until May 18: "Minute Entry for proceedings held before Judge Jed S. Rakoff: Telephone Conference held on 5/17/2023,without transcription or recording. Plaintiffs motion for preliminary approval of proposed class settlement is due by 5/26/2023. A preliminary fairness hearing will be held at 4:00 PM on 6/1/2023 in Courtroom 14B, the Daniel Patrick Moynihan U.S. Courthouse, 500 Pearl St., New York, NY."
But the pressure on JPM Chase, and its CEO Dimon, grows.
More including class analysis on Substack here
On May 15, U.S. Virgin Islands in its lawsuit against JPM Chase told SDNY Judge Jed S. Rakoff they have been unable to serve Elon Musk a subpoena asking, among other things, whether Epstein referred him to Chase.
Musk returned fire: "This is idiotic on so many levels: 1. That cretin never advised me on anything whatsoever. 2. The notion that I would need or listen to financial advice from a dumb crook is absurd. 3. JPM let Tesla down ten years ago, despite having Tesla’s global commercial banking business, which we then withdrew. I have never forgiven them." And there is a case in SDNY, including Chase's London Branch, that Inner City Press is also covering. Watch this site.
The separate lawsuits allege that "without exorbitantly large amounts of cash, Epstein's operations could not run, as newly recruited victims were each paid hundreds of dollars in cash immediately after Epstein sexually abused them, as hush money."
The JPM Chase complaint is on Patreon, here.
On March 20, 2023 Judge Jed S. Rakoff in a bottom line order dismissed some but not all claims, in the Epstein-related cases against JPMC and Deutsche Bank.
Inner City Press put the order on its DocumentCloud here.
On April 28, a motion seeking class certification of Epstein-related claims against JPMC was filed; filing on Patreon here.
On May 8, the US Virgin Islands filed with Judge Rakoff to strike JPM Chase's equitable defenses, including tis "fault-shifting" defense, arguing that "it is well established within the Second Circuit and elsewhere that government plaintiffs suing to vindicate public rights are not subject to equitable defenses that may be invoked against private plaintiffs." Full filing on Patreon here.
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