Jes Staley loses bid to sever JP Morgan lawsuit from other Epstein legal cases
Also: No separate trial for former JPMorgan executive in Epstein case (Reuters)
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Source: The Guardian and Reuters
Jes Staley loses bid to sever JP Morgan lawsuit from other Epstein legal cases
Judge rules lawsuit accusing Staley of concealing what he knew about Jeffrey Epstein cannot be separated from two related claims
Reuters and Guardian staff
Mon 10 Apr 2023 19.08 BST
Last modified on Mon 10 Apr 2023 19.32 BST
A federal US judge rejected requests to sever JP Morgan’s lawsuit accusing former executive Jes Staley of concealing what he knew about Jeffrey Epstein from two related lawsuits over the bank’s work for the convicted sex offender.
Monday’s decision by Judge Jed Rakoff in US district court in Manhattan is a defeat for Staley, as well as for women who claim Epstein sexually abused them and who are also suing the largest American bank.
Epstein was a JP Morgan client from 2000 to 2013. The US Virgin Islands, where he had a home, is also suing JP Morgan. A trial is scheduled for 23 October.
Staley, 66, who also spent six years as chief executive of Barclays before resigning in November 2021, said the trial schedule left him too little time to defend against JP Morgan’s “slanderous” accusations.
Epstein’s accusers, meanwhile, accused JP Morgan of suing Staley as a means to “harass and intimidate” them into revealing private medical records and communications in their case.
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Read more: https://www.theguardian.com/us-news/2023/apr/10/jes-staley-jp-morgan-jeffrey-epstein
No-registration link: https://archive.is/k16HV
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Source: Reuters
No separate trial for former JPMorgan executive in Epstein case
Jonathan Stempel
Mon, April 10, 2023 at 12:01 PM EDT·2 min read
NEW YORK (Reuters) -A U.S. judge rejected requests to sever JPMorgan Chase & Co's lawsuit accusing former executive Jes Staley of concealing what he knew about Jeffrey Epstein from two related lawsuits over its work for the late sex offender. Monday's decision by U.S. District Judge Jed Rakoff in Manhattan is a defeat for Staley, and for women who claim that Epstein sexually abused them and are also suing the largest U.S. bank.
Epstein was a JPMorgan client from 2000 to 2013. The U.S. Virgin Islands, where the financier had a home, is also suing JPMorgan. A trial is scheduled for Oct. 23. Staley, 66, who also spent six years as Barclays Plc's chief executive before resigning in November 2021, said the trial schedule left him too little time to defend against JPMorgan's "slanderous" accusations.
Epstein's accusers, meanwhile, accused JPMorgan of suing Staley as a means to "harass and intimidate" them into revealing private medical records and communications in their case. But the judge called Staley a "prominent focus" of all three cases, and noted that his Washington law firm Williams & Connolly calls itself as one of the world's "premier" litigation firms.
"None of Staley's whines remotely warrants either a severance or a change in the joint trial date," Rakoff wrote.
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Read more: https://news.yahoo.com/no-separate-trial-former-jpmorgan-160107330.html