A former major wig banker accuses JPMorgan Chase of hiding a cluster of bombshell emails about the financial giant’s relationship with Jeffrey Epstein.
James Staley’s attorney is asking a federal judge to compel JPMorgan to turn over internal emails that would prove the bank knew about Epstein’s criminal behavior, RadarOnline reports, citing newly released court documents.
Staley’s attorney Stephen L. Wohlgemuth claims that JPMorgan’s attorneys already have some of the emails in question.
“This is probably the tip of the iceberg, as it appears that even more information available to the bank’s general adviser is being withheld…
JPMorgan has directly challenged the knowledge and conduct of its general counsel (and his staff) in this case.
These circumstances lead to an uncomplicated waiver, as Mr. Staley must have the opportunity to examine all information that General Counsel (and his staff) knew when making decisions about Epstein’s detention.
JPMorgan is suing Stanley — who ran JPMorgan’s asset management business for nine years and ran its investment bank for five years — over his own alleged ties to Epstein.
The bank says it is responsible for all legal ramifications related to the bank’s involvement with the disgraced and deceased former financier.
JPMorgan is asking the court to force Stanley to pay back eight years of wages during his tenure and hold him responsible for damages in two lawsuits, including one that was recently settled for $290 million.
Although Stanley acknowledges that he had a relationship with Epstein, he says he knows nothing about Epstein’s crimes.
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