JPMorgan Chase $290 million settlement with Epstein accusers wins preliminary approval

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) -A U.S. judge on Monday granted preliminary approval to JPMorgan Chase's $290 million settlement with women who said Jeffrey Epstein abused them, and that the largest U.S. bank turned a blind eye to the late financier's sex trafficking.

The approval was issued by U.S. District Judge Jed Rakoff at a hearing in Manhattan federal court.