JPMorgan Agrees In Principle To Settle With Epstein Victim In Class Action Suit; Litigation Still Pending Between The US Virgin Islands And Bank
Portfolio Pulse from Charles Gross
JPMorgan has agreed in principle to settle with an Epstein victim in a class action lawsuit, according to a Reuters statement. However, litigation is still pending between the US Virgin Islands and the bank.
June 12, 2023 | 11:12 am
News sentiment analysis
Sort by:
Descending
NEGATIVE IMPACT
JPMorgan has agreed to settle with an Epstein victim in a class action lawsuit, but litigation is still ongoing between the bank and the US Virgin Islands.
The settlement with the Epstein victim may have a negative short-term impact on JPMorgan's stock price due to the negative publicity and potential financial implications. However, the ongoing litigation with the US Virgin Islands adds uncertainty and could further impact the stock price depending on the outcome.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100