Tag Archives: lawsuit

JPMorgan to Pay $75 Million to Settle Jeffrey Epstein Lawsuit With US Virgin Islands

JPMorgan Chase has agreed to pay $75 million to the U.S. Virgin Islands (USVI) to resolve a lawsuit over the role the bank allegedly played in Jeffrey Epstein’s sex trafficking scheme. The settlement includes $30 million to support local charities, $25 million to strengthen law enforcement to combat human trafficking, …

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US Government, States File Lawsuit Against Amazon for Monopolistic Practices

The U.S. government, along with 17 states, is suing e-commerce behemoth Amazon for maintaining an alleged monopoly which they claim has resulted in lower product quality and inflated prices. The Federal Trade Commission (FTC), on behalf of the government, alleges that Amazon’s initiatives prevent rivals as well as sellers on …

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