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Lawyers say up to 75 women expected to benefit from Bank of America settlement in Epstein sex abuse
The bank denied facilitating sex trafficking and said the deal will provide closure for accusers.
- In a New York courtroom on Thursday, District Judge Jed Rakoff granted preliminary approval to Bank of America's $72.5 million settlement with survivors of convicted sex offender Jeffrey Epstein.
- Plaintiffs alleged the bank ignored suspicious financial transactions, providing Epstein with a "veneer" of legitimacy while prioritizing profit over protecting victims.
- Plaintiffs' lawyer David Boies expects between 60 and 75 victims to submit claims, adding that the settlement offers necessary financial relief for harm suffered many years ago.
- Bank of America denied facilitating sex trafficking, though the agreement follows similar settlements totaling nearly $300 million from JP Morgan Chase and $75 million from Deutsche Bank.
- Judge Rakoff said he will continue scrutinizing the deal until final settlement, cautioning that entities "drawn into his wide orbit" should not face liability without assisting Epstein's misconduct.
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The IndependentReposted by 
The Independent (US)
The Independent (US)75 women abused by Epstein expected to benefit from Bank of America settlement
The lawsuit alleged that the bank ignored suspicious financial transactions linked to Epstein
·London, United Kingdom
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Associated Press News+51 Reposted by 51 other sources
Lawyers say up to 75 women expected to benefit from Bank of America settlement in Epstein sex abuse
Lawyers say up to 75 women who were sexually abused by Jeffrey Epstein since 2008 may benefit from a $72.5 million fund set up as part of a settlement Bank of America reached with lawyers representing the women.
·United States
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Coverage Details
Total News Sources70
Leaning Left12Leaning Right7Center48Last UpdatedBias Distribution72% Center
Bias Distribution
- 72% of the sources are Center
72% Center
L 18%
C 72%
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