- A New York federal judge warned JPMorgan Chase he might find the bank in contempt of court over the speed of its production of evidence for lawsuits related to sex offender Jeffrey Epstein.
- The warning comes before JPMorgan CEO Jamie Dimon is scheduled to be questioned under oath by plaintiffs’ lawyers for the civil suits by the U.S. Virgin Islands and an Epstein accuser.
- The huge bank is accused of enabling and benefiting from the late money manager’s sex trafficking of young women.
- Epstein, a former friend of Donald Trump, Bill Clinton and Prince Andrew, was a long-time customer of the bank.
A New York federal judge has warned JPMorgan Chase that it could face contempt of court charges if it does not speed up the production of evidence related to Jeffrey Epstein for lawsuits by an Epstein accuser and the government of the US Virgin Islands. Judge Jed Rakoff suggested that the bank and two law firms representing it had been slow in turning over documents and other evidence to plaintiffs in the case, under the discovery process.
The notice comes two weeks before JPMorgan CEO Jamie Dimon is scheduled to be questioned under oath by plaintiffs’ lawyers for the civil suits, which accuse his bank of enabling and benefiting from Epstein’s alleged sex trafficking of young women.
“The Court also wishes to note that it is concerned that JPMorgan is not moving more expeditiously to produce responsive documents,” Rakoff wrote in the notice, which has yet to appear on the public docket in the case in U.S. District Court in Manhattan.
“While the Court appreciates the large volume of discovery that is to be completed in this case, a company as large as JPMorgan and counsel as experienced as WilmerHale and Massey & Gail should be able to move with greater speed than what was revealed by this incident,” the judge wrote, referring to the bank’s two law firms.