finance
JPMorgan Offered Ex-Banker $1 Million to Settle Harassment Claims Before Lawsuit
JPMorgan Chase offered $1 million to a former banker to resolve sexual harassment accusations weeks before he filed a lawsuit naming a woman who was an executive director on his team. The bank attempted to settle the matter with the former employee, according to people briefed on the discussions. The lawsuit has drawn widespread attention on Wall Street.
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JPMorgan Chase offered a former banker $1 million to settle harassment accusations weeks before he filed a lawsuit, according to two people briefed on the matter. The settlement offer was made to resolve claims against Rana Hajdini, a woman who served as an executive director on the former banker's team. The former employee, Chirayu Rana, rejected the proposal and proceeded with litigation.
The offer came only weeks before the lawsuit was filed in May 2026. Rana had raised claims tied to his time at the firm that included allegations of sexual misconduct. Details of the specific accusations remain tied to the ongoing legal proceedings. JPMorgan has not commented publicly on the matter.
The resulting lawsuit has drawn attention across Wall Street. Coverage has focused on the bank's pre-litigation settlement attempt and the nature of the claims. The bank continues to face questions about its handling of the former employee's complaints.
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