Articles by Ava Benny-Morrison and Jef Feeley

FTX Investors Settle With Bankman-Fried to Pursue Promoters

A group of FTX investors and customers has agreed to drop their claims against co-founder Sam Bankman-Fried in exchange for his cooperation against other defendants in a sprawling set of lawsuits over the cryptocurrency exchange’s collapse. The agreement, if approved …

SEC Ramps Up Massive-Hack Probe With Focus on Tech, Telecom Companies

The US Securities and Exchange Commission is asking tech and telecom companies how they handled the sprawling 2020 SolarWinds cyberattack, and drawing fire from the cybersecurity industry and big business for what they call overreach. The SEC, which sought the …

JPMorgan Should Pay $190 Million Over Epstein Ties, US Virgin Islands Says

The US Virgin Islands said it was seeking at least $190 million from JPMorgan Chase & Co. in its lawsuit accusing the bank of enabling Jeffrey Epstein’s sex-trafficking. The territory stated its minimum damages in a Friday filing in Manhattan …

JPMorgan Agrees to Pay $290 Million to Settle Epstein Case

JPMorgan Chase & Co. agreed to pay $290 million to settle a lawsuit alleging it knowingly benefited from former client Jeffrey Epstein’s sex trafficking, according to a person familiar with the matter. The “agreement in principle” would settle a proposed …

Signature Bank Faced Criminal Probe Ahead of Firm’s Collapse

US prosecutors were investigating Signature Bank’s work with crypto clients before regulators suddenly seized the lender this past weekend, according to people familiar with the matter. Justice Department investigators in Washington and Manhattan were examining whether the New York bank …

Epstein Victims Say Banks Chose Profits Over Following Law

Deutsche Bank AG and JPMorgan Chase & Co. chose to profit from Jeffrey Epstein’s sex-trafficking venture rather than follow the law, victims of the pedophile told a judge, urging him not to throw out their lawsuit seeking damages from the …

Planned Parenthood Sued by Worker Fired After Racism Claim

A Planned Parenthood Federation of America employee responsible for expanding the organization’s visibility among Black and Latinx communities claims in a lawsuit she was fired last year after complaining about systemic racial discrimination at the US nonprofit. Nicole Moore, the …