Executive Denies Fabricated Allegations

JPMorgan Chase executive Lorna Hajdini has filed a defamation lawsuit against former colleague Chirayu Rana, stating Rana created false claims of sexual abuse and exploitation. The lawsuit, filed in New York State Supreme Court, alleges Rana launched a "smear campaign" after making his own accusations against Hajdini.

Hajdini's legal team insists Rana's allegations are entirely false and were made to extort millions from both Hajdini and JPMorgan Chase.

Extortion and Reputation Damage Alleged

The lawsuit outlines Rana's alleged effort to use false accusations for personal profit, stating he sought a settlement of over $20 million before leaving the bank, later refusing a $1 million offer. Hajdini's suit seeks to restore her reputation and hold Rana accountable for alleged malicious actions.

A JPMorgan spokesperson expressed full support for Hajdini and stated the bank believes the allegations against her and the firm lack merit.

Investigation Finds No Evidence

JPMorgan's internal inquiry reportedly found no evidence to back Rana's initial claims, with the bank stating Rana did not fully participate or provide supporting details. Hajdini, an executive director in Leveraged Finance with 15 years at JPMorgan, has continued her work during the legal dispute.

Rana, who previously worked at firms like Morgan Stanley and Credit Suisse, most recently left investment firm Bregal Sagemount in April 2026.

Legal Context

Defamation lawsuits in New York require proof that a false statement was shared with a third party and caused harm. The deadline to file such claims is one year from the publication date. New York courts differentiate between factual claims and protected opinions, with truth serving as a complete defense.

The case highlights the significant reputational and financial risks in high-profile workplace disputes, especially within the competitive financial industry.