JPMorgan offers $1M settlement in former banker sexual allegations case, reports say

NEW: Former banker Chirayu Rana was offered $1 million by JPMorgan to settle his s*x slave allegations, which he countered at ~$12 million.

The development comes as it has been revealed that Rana was referred for mental health treatment by the Manhattan DA's office.

According… pic.twitter.com/hpfFkejHnp

— Collin Rugg (@CollinRugg) May 6, 2026

Former banker Chirayu Rana was offered $1 million by JPMorgan to settle his s*x slave allegations, which he countered at ~$12 million.

The development comes as it has been revealed that Rana was referred for mental health treatment by the Manhattan DA’s office.

According to the WSJ, following weeks of mediation, JPMorgan sent a $1 million settlement offer to Rana and his lawyers in March.

“We did try to reach an agreement to avoid the time and expense of litigation and to support an employee who was being threatened with the very reputational harm now unfolding,” a spokesman for the bank said.

“We continue to believe these allegations have no merit and new information raised as a result of the public filing only reinforces that conclusion.”

New reporting also reveals that the Manhattan DA’s office referred Rana for mental health treatment after he alleged that he was traumatized by his boss.

According to the New York Post, Rana sent an email to a therapist in June, saying he could hear Lorna Hajdini’s voice inside his head, saying he had “recurrent nightmares” about the alleged assaults.