A U.S. judge on Thursday ordered JPMorgan Chase & Co (JPM.N) to hand over more documents concerning Chief Executive Jamie Dimon to the U.S. Virgin Islands for the territory's lawsuit accusing the bank of aiding in Jeffrey Epstein's sex trafficking.
U.S. District Judge Jed Rakoff in Manhattan said the bank must turn over requested documents from 2015 to 2019, a period after JPMorgan had dropped Epstein as a client. Rakoff did not explain his reasoning in his one-sentence order.
The U.S. Virgin Islands is seeking damages from JPMorgan for allegedly aiding in Epstein's sex trafficking by keeping him as a client, and missing red flags about his misconduct on Little St. James, a private island he owned.
Epstein had been a JPMorgan client from 2000 to 2013. He killed himself in a Manhattan jail cell in August 2019 while awaiting trial on sex trafficking charges.
The U.S. Virgin Islands has called Dimon "a likely source of relevant and unique information" about why JPMorgan kept Epstein on, and discussions on Epstein's referrals of prominent and wealthy potential clients.
JPMorgan countered by accusing the U.S. Virgin Islands of going on a "fishing expedition" after having obtained a "massive trove" of information in litigation in which the territory recovered more than $105 million from Epstein's estate.
