JPMorgan Chase is embroiled in a legal dispute with former investment banker Chirayu Rana, who has accused the bank of sexual assault and racial discrimination. Rana's allegations include being assaulted by a colleague, Lorna Hajdini, and experiencing harassment during his tenure at the bank. In March 2026, JPMorgan attempted to settle the matter with a $1 million offer, which Rana rejected, seeking over $20 million instead. After negotiations stalled, Rana's lawyer countered with a demand for $11.75 million. The bank has strongly denied the claims, asserting that an internal investigation found no supporting evidence. JPMorgan stated that the settlement offer was made to avoid litigation costs and reputational harm. Meanwhile, Hajdini's legal team has denied any inappropriate conduct, while Rana's team remains committed to pursuing the allegations, suggesting that additional evidence may come to light as the case unfolds.