The settlement covered more than 100 women, led by a former ballet dancer known as Jane Doe 1, who said Epstein abused them.
It followed embarrassing disclosures that JPMorgan ignored internal warnings and overlooked red flags about Epstein because he had been a valuable client.
JPMorgan in September agreed to pay $75 million to settle related claims by the U.S. Virgin Islands, where Epstein owned two islands.
Rakoff on Oct. 20 gave final approval to a similar $75 million settlement between Epstein's accusers and Deutsche Bank (DBKGn.DE), where Epstein banked after JPMorgan fired him.
Epstein died in a Manhattan jail cell in 2019 at age 66 while awaiting trial on sex trafficking charges.
Persons:
Morgan, Stephanie Keith, JPMorgan Chase's, Jeffrey Epstein, Jed Rakoff, Epstein, Rakoff, Jane Doe, Sarah Ransome, Ghislaine Maxwell, Epstein's, Luc Cohen, Daniel Wallis
Organizations:
REUTERS, JPMorgan, Washington D.C, U.S ., Deutsche Bank, US, Islands, Thomson
Locations:
New York City, U.S, Manhattan, Washington, U.S . Virgin Islands, Rakoff, New York