The plaintiff dropped the case himself and agreed to pay the other side's legal fees. That was the plan all along
Every so often a lawsuit arrives that seems built for the internet, and this one had all the ingredients: a household-name bank, an alleged office affair gone very wrong, and a plot twist – a junior man accusing a senior woman of coercion, drugging and threats – that scrambled the usual script. It went viral within days of being filed in the spring. Then it got messier. And on Thursday, it got dismissed. Sort of.
Justice Dakota Ramseur of the New York State Supreme Court threw out the state-court case brought by a former JPMorgan Chase vice-president in leveraged finance against the bank and his one-time colleague, Reuters reported. Here is the twist within the twist: the plaintiff asked for this dismissal himself and will now pay some of JPMorgan's and the accused’s legal fees for the privilege of walking away from his own lawsuit.
That is not, however, the end of it. The accused’s defamation countersuit against the former banker rumbles on in Manhattan, and his lawyers have made clear the plan all along was to ditch this case and come back swinging in federal court with something bigger, according to Reuters.
Rewind to April 27, 2026. A complaint lands in New York County Supreme Court under the pseudonym "John Doe," accusing an executive director in the same leveraged finance unit, of using her seniority to pressure a subordinate into months...
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