Live news: Jes Staley loses bid to sever case from other Epstein claims

Jes Staley, the previous JPMorgan govt who’s being sued by the financial institution for allegedly failing to disclose that he witnessed and took part in Jeffery Epstein’s intercourse crimes, has misplaced his bid to sever his case from two others introduced towards the US lender. 

Jed Rakoff, the choose overseeing a trio of instances in New York, stated the claims towards Staley had been “closely related” to these introduced towards JPMorgan by an alleged Epstein sufferer, and the US Virgin Islands, the place Epstein had a house, which accuse JPMorgan of benefiting from human trafficking by sustaining Epstein as a consumer regardless of inner warnings. 

All three claims would go to trial in October, Rakoff stated. Staley’s lawyer final week described the allegations towards him as “baseless, but serious”, whereas JPMorgan has stated the claims towards the financial institution are “meritless”. 

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