JPMorgan Chase & Co. has strongly rejected the serious allegations of sexual assault made by banker Chirayu Rana, stating in court documents that he is not the significant figure he claims to be and that the opportunity was not directly offered to CEO Jamie Dimon.
Rana, who was previously known only as the “John Doe” whistleblower and gained notoriety through a Post report, initiated a scandal last month with a lawsuit. He accused prominent executive Lorna Hadjidini of threatening to revoke her bonus unless she consented to act as a “sex slave.”
In his lawsuit, Rana asserted that he faced a continuous campaign of sexual coercion and racial insult, all while management allegedly ignored his complaints.
In a lengthy 68-page response submitted to the Manhattan Supreme Court on Thursday, the bank dismissed nearly all of Rana’s allegations. On the same day, evidence was presented by Hadjidini’s attorney, which included death threats and abusive emails she reportedly received since the case became public.
JPMorgan characterized Rana’s claims against Hadjidini as “false” and “malicious,” and contended that his narrative of being a standout banker recognized by top management is misleading.
“Plaintiff has made sensational, false, and misleading claims that do not accurately reflect his employment reality,” stated lawyers from Winston & Strawn, noting that JPMorgan intends to pursue its own claims against him as the case unfolds.
The Post has reached out to Rana’s representative for a statement.
Rana’s lawsuit claims he earned the unofficial title of “senior investment banker” by completing more deals than anyone in JPMorgan’s leveraged finance department.
His filing also mentioned that he was tasked with developing a private credit and direct financing proposal that was allegedly presented to Jamie Dimon and the executive committee.
In response, JPMorgan simply stated, “We deny the allegations in this paragraph.”
The bank also challenged the notion that Hadjidini was directly supervising Rana, which is central to his harassment claims, as previously reported.
To counter Rana’s credibility, JPMorgan’s legal team revealed that he had informed his boss he needed time off due to his father’s illness, which prompted flowers and well wishes from colleagues. It was later reported that his father was, in fact, alive.
After a reporter spoke with Rana’s father, the lawyer later modified the narrative to suggest the death of a “father-like figure.”
“These misstatements and fluid facts are not isolated incidents,” the bank stated. “They illustrate a broader pattern of shifting narratives.”
JPMorgan also refrained from elaborating on Rana’s resignation, asserting it was voluntary, and denied claims that he faced retaliation after filing a discrimination complaint in May 2025.
Basic facts of Rana’s tenure were confirmed by JPMorgan: he joined the company in March 2024, Hadjidini joined the same team in April, and they both participated in a dinner and concert with colleagues before being placed on paid administrative leave in June 2025.
Regarding allegations of anonymous callers who supposedly targeted Rana with racial threats after he went public, JPMorgan could not verify the claims but firmly denied any ties to the incidents.
A JPMorgan spokesperson declined further comment, pointing to the court filings made by the bank’s legal team.
