Updated
Updated · The Wall Street Journal · May 6
JPMorgan offers $1 million to settle former banker's assault claims
Updated
Updated · The Wall Street Journal · May 6

JPMorgan offers $1 million to settle former banker's assault claims

10 articles · Updated · The Wall Street Journal · May 6
  • The March offer to Chirayu Rana preceded his refiled New York state lawsuit and an April counterproposal seeking $11.75 million, people familiar with the matter said.
  • Rana alleges sexual assault by colleague Lorna Hajdini and racial discrimination; JPMorgan says its internal investigation found no merit, and Hajdini denies any sexual or romantic relationship.
  • The case has spread across Wall Street and social media, with AI-generated videos amplifying scrutiny as JPMorgan says it sought to avoid litigation costs and reputational damage.
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