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JPMorgan’s $290M for Epstein victims sends a signal to the industry

Federal court judge approves substantial payout and says the industry must take responsibility.

A $290 million settlement between JPMorgan Chase & Co. and victims of Jeffrey Epstein was approved by a federal judge, who rejected a last-minute challenge from a group of state attorneys general that could have delayed the payout to almost 200 victims. 

US District Judge Jed Rakoff said the

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