Epstein victims seek approval of JPMorgan $290 million settlement

FILE PHOTO: A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/File Photo

NEW YORK (Reuters) - Jeffrey Epstein's victims have formally asked a U.S. judge to preliminarily approve JPMorgan Chase's $290 million settlement to resolve claims that the largest U.S. bank turned a blind eye to the disgraced financier's sexual abuses.

Lawyers for the victims said in a Thursday night filing in Manhattan federal court that the proposed all-cash settlement with the largest U.S. bank was "fair, adequate, reasonable," given the risks of further litigation and JPMorgan's denying involvement in Epstein's sex trafficking.