• Financial Survival Network
  • Posts
  • Lawyers for Epstein’s Victims Ask for $87 Million in Legal Fees From the $290 Million JPMorgan Settlement; Victims Could Get Nothing After Releasing Their Claims

Lawyers for Epstein’s Victims Ask for $87 Million in Legal Fees From the $290 Million JPMorgan Settlement; Victims Could Get Nothing After Releasing Their Claims

June 27, 2023

by Pam Martens and Russ Martens Wall Street on Parade

There are three shocking takeaways from the class action settlement documents that were filed in the U.S. District Court for the Southern District of New York last week in the Jeffrey Epstein victims’ case against Wall Street megabank, JPMorgan Chase. (See settlement documents linked at the end of this article.)

First, the attorneys for the unnamed victims are requesting $87 million in legal fees from the $290 million settlement amount, plus another $2.5 million in expenses. The victims, on the other hand, are guaranteed no minimum monetary payment but must file a release form before they learn if they will get a dime. This language appears in the settlement documents: