The bank is seeking to shield itself from damages if a lawsuit filed by the U.S. Virgin Islands proves that James E. Staley knew about Mr. Epstein’s sex trafficking.
Category: Compensation for Damages (Law)
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JPMorgan Sues Ex-Executive Accused of Helping Jeffrey Epstein
The New York Times – Business: -
TD Bank to Pay $1.2 Billion to Settle Stanford Financial Ponzi Case
The New York Times – Business:The Canadian lender settled claims arising from a scandal involving Stanford Financial, which collapsed in 2009 and cost ordinary investors some $7 billion.
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Fox Stars Privately Expressed Disbelief About Election Fraud Claims. ‘Crazy Stuff.’
The New York Times – Business:The comments, by Tucker Carlson, Sean Hannity and others, were released as part of a defamation suit against Fox News by Dominion Voter Systems.
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FTX Negotiates for Return of $400 Million From Obscure Hedge Fund
The New York Times – Business:The founders of the trading firm Modulo Capital are in talks with FTX about returning the investment that Sam Bankman-Fried made in the fund.
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FTX Inquiry Expands as Prosecutors Reach Out to Former Executives
The New York Times – Business:Federal prosecutors in Manhattan are speaking with lawyers for former officials at the collapsed crypto exchange FTX and scrutinizing the immediate family of its founder, Sam Bankman-Fried.
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Former High-Profile Lawyer Is Charged With Embezzling More Than $18 Million
The New York Times – Business:Tom Girardi, who was part of the legal team representing the environmental activist Erin Brockovich, was indicted in two states on charges that he stole from clients, prosecutors said.
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Elon Musk’s Appetite for Destruction
The New York Times – Business:A wave of lawsuits argue that Tesla’s self-driving software is dangerously overhyped. What can its blind spots teach us about the company’s erratic C.E.O.?
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Southwest’s Meltdown Could Cost It Up to $800 Million
The New York Times – Travel:The airline has not said how much it might have to spend to reimburse customers and upgrade its technology systems.
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You Didn’t Make It to St. Louis, but Your Bags Did. Here’s What to Do.
The New York Times – Travel:Disruptions from winter storms have not only caused flight delays and cancellations, but have also separated many passengers from their luggage. Here are some ways to make reuniting easier.
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Tesla’s Direct Sales Model Helps It Thwart Customer Lawsuits
The New York Times – Business:Sales contracts prevent buyers of the company’s electric cars from pursuing class-action suits if something goes wrong.
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California Panel Sizes Up Reparations for Black Citizens
The New York Times – Business:The state is undertaking the nation’s most ambitious effort so far to compensate for the economic legacy of slavery and racism.